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      AUO September 2004 Consolidated Revenues Totaled NT$12.9 Billion

      Published date:2004-10-07

      Hsinchu, Taiwan


      AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated net sales of NT$12,925 million and unconsolidated net sales of NT$12,909 million for the month of September 2004.

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      Unit shipments of large-sized panels for applications such as desktop monitor, notebook, and LCD TV, rose24.5% sequentially to 1.59 million in September. Shipments of small- and medium-sized panels set another record month, supported by peak season strength, to reach 4.44million in September, a 25.7% growth over August.

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      Unaudited consolidated revenues for the month of September increased 15.2% M-o-M and 23.2% Y-o-Y, while unconsolidated net sales increased 15.4% M-o-M and 32.2% Y-o-Y, respectively. Year-to-date consolidated revenues reached NT$128.6 billion, representing an increase of 82.5% from the previous year.

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      Due to the weaker-than-expected market environment and substantial panel price correction during third quarter 2004, consolidated revenues for this period declined 20.2% Q-o-Q to NT$38,749 million, but increased 36.6% Y-o-Y, while unit shipment of large-sized panels totaled 4.45 million, down 5.9% from second quarter 2004. On the other hand, shipments of small- and medium-sized panels broke the 10 million mark in the third quarter 2004 to reach 11.03 million, increased 50.3% Q-o-Q and 44.3% Y-o-Y.

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      Sales Report:

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      (Unit:NT$ million)

      Net Sales(1)(2)(4)

      Consolidated(3)

      Unconsolidated

      September 2004

      12,925

      12,909

      August 2004

      11,223

      11,185

      M-o-M Growth

      15.2%

      15.4%

      September 2003

      10,494

      9,761

      Y-o-Y Growth

      23.2%

      32.2%

      Year-to-Date 2004

      128,610

      125,538

      Y-o-Y Growth

      82.5%

      91.6%

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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):Consolidated numbers include AUO Corporation, AU Optronics (L) Corporation, and AU Optronics (Suzhou) Corporation.

      (4):Numbers modified to reflect the adjustments made by auditors on First Nine Months 2004 Financial Statements and to reflect foreign exchange translation adjustments.

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