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AUO sees revenues decline in 1Q20

AU Optronics (AUO) has announced its consolidated revenues reached NT$20.51 billion (US$681.15 million) in March 2020, up by 16.0% on month but down by 15.9% on year. Consolidated revenues in the first quarter of 2020 were NT$53.69 billion, down by 13.4% on quarter and 19.5% on year.

Shipments of large-sized panels (10-inch and above) for LCD TV, desktop monitor, notebook PC, and other applications exceeded 8.73 million units in March 2020, up by 15.6% on month, said AUO. As for small- to medium-sized panels, the shipments were around 11.82 million units, up by 30.2% on month.

In the first quarter of 2020, large-sized panel shipments totaled around 22.42 million units, down by 15.5% on quarter and 13.3% on year. Shipments of small- to medium-sized panels in the quarter were around 29.52 million units, down by 21.2% on quarter but up by 18.3% on year. Digitimes

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