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AUO Sees Sales Drop In 2019

AU Optronics (AUO) has announced that its consolidated revenues for 2019 totaled NTD 268.79 billion (USD 8.98 billion), down 12.6 percent on year. The company’s consolidated revenues for December 2019 reached NTD 20.71 billion, down by 2.7 percent on month and 16.7 percent on year. In 4Q2019, its consolidated revenues reached NTD 61.97 billion, down by 11.5 percent quarterly and 19.6 percent annually.

Shipments of large-sized panels (10-inch and above) for LCD TV, desktop monitor, notebook PC, and other applications totaled around 8.99 million units in December, down by 6.3 percent on month. As for small- to medium-sized panels, shipments were around 13.40 million units, up by 18.4 percent month-on-month.

In 4Q2019, large-sized panel shipments totaled around 26.53 million units, down by 7.5 percent on quarter and 6.8 percent on year. Shipments of small- to medium-size panels in the same quarter reached around 37.46 million units, up by 5.2 percent on quarter and 16.5 percent on year. For the full year of 2019, large-size panel shipments were around 108.24 million units, a decrease of 5.7 percent from the previous year. Small- to medium-size panel shipments totaled around 131.02 million units, down by 21.4 percent year-on-year.

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