AUO June 2004 Consolidated Revenues Totaled NT$15.9 Billion

Published date:2004-07-07

Hsinchu, Taiwan

AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced unaudited consolidated net sales of NT$15,871 million and unconsolidated net sales of NT$15,865 million for the month of June 2004.

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June shipment for large-size TFT-LCD panels, inclusive of panels for desktop monitor, notebook, LCD TV, and other applications, experienced a seasonal decline in PC applications, down 5.7% sequentially to 1.53 million. Unit shipment for small- and medium-size panels in June 2004 continued to improve, up 12.2% from May 2004 to 2.72 million units.

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Consolidated revenues for the month decrease 4.7% M-o-M, but increased 94.3% Y-o-Y, while unconsolidated net sales decreased 4.6% M-o-M and increased 109.1% Y-o-Y, respectively. Consolidated revenues reached quarterly record of NT$48,534 million in second quarter 2004, up 103.6% Y-o-Y. For the first half of 2004, consolidated revenues totaled NT$89,865 million, a 113.4% increase over the same period in 2003.

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Sales Report：

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(Unit：NT$ million)

Net Sales	Consolidated^(1)(2)(3)	Unconsolidated
June 2004	15,871	15,865
May 2004	16,656	16,631
M-o-M Growth	-4.7%	-4.6%
June 2003⁽⁴⁾	8,168	7,587
Y-o-Y Growth	94.3%	109.1%
1H2004	89,865	86,880
1H2003	42,110	39,191
Y-o-Y Growth	113.4%	121.7%

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(1)：All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2)：Year 2004 figures are unaudited, prepared by AUO Corporation.
(3)：Including AUO Corporation ("AUT"), AU Optronics (Lauban) Corporation ("AUL"), and AU Optronics (Suzhou) Corporation ("AUS").
(4)：Numbers changed to reflect the adjustments made by auditors for 1H 2003 Audited Consolidated Financial Statements.

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AUO June 2004 Consolidated Revenues Totaled NT$15.9 Billion