FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
January 8, 2007
Commission File Number 001-31335
AU Optronics Corp.
(Translation of registrants name into English)
No. 1 Li-Hsin Road 2
Hsinchu Science Park
Hsinchu, Taiwan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F ___
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
____Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
____Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrants security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ___ No X
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
INDEX TO EXHIBITS
Item | |
1. | Press release entitled, AUO December 2006 Consolidated Revenues Totaled NT$28.2 Billion, dated January 8, 2007. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
AU Optronics Corp. | |||
Date: January 8, 2007 | By: | /s/ Max Cheng | |
Name: | Max Cheng | ||
Title: | Chief Financial Officer |
Item 1 | |
News Release |
AUO December 2006 Consolidated Revenues Totaled NT$28.2 Billion
Hsinchu, Taiwan, January 8, 2007
AU Optronics Corp. (AUO or the Company) (TAIEX: 2409; NYSE: AUO) today announced preliminary consolidated December 2006 monthly revenues of NT$28,182 million and unconsolidated revenues totaled NT$28,150 million, decreasing 15.1% and 15.2% respectively from last month. On a year-over-year comparison, December 2006 consolidated and unconsolidated revenues increased by 14.6% and 14.5% correspondingly.
Due to an early sign of controlling year-end inventory from some of customers and the seasonality, shipments of large-sized panels used in desktop monitor, notebook PC, LCD TV and other applications, reached 5.04 million units, a 12.8% decrease from November 2006. Shipments of small- and medium-sized panels totaled 7.20 million, a 12.4 % sequential decrease due to seasonal demand.
Preliminary shipments of large-sized panels for the fourth quarter reached 16.62 million, a 31.7% sequential increase, while shipments for small- and medium-sized panels also increased to total 24.48 million, a 17.7 % sequential growth.
For the year ended December 31, 2006, unaudited consolidated and unconsolidated revenue totaled NT$293,098 million and NT$293,028 million respectively, representing 34.8% and 34.9% Y-o-Y growth. Unit shipments increased by 59.1% for large-sized panels and 46.6% for small- and medium-sized panels.
(a) Large-size refers to panels that are 10 inches and above in diagonal measurement while small-and medium-size refers to those below 10 inches
Sales Report: (Unit: NT$ million)
Net Sales(1)(2) | Consolidated(3) | Unconsolidated |
December 2006 | 28,182 | 28,150 |
November 2006 | 33,185 | 33,178 |
M-o-M Growth | (15.1%) | (15.2%) |
2
December 2005 | 24,592 | 24,589 |
Y-o-Y Growth | 14.6% | 14.5% |
Jan to Dec 2006 | 293,098 | 293,028 |
Jan to Dec 2005 | 217,388 | 217,295 |
Y-o-Y Growth | 34.8% | 34.9% |
(1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan.
(2) Monthly figures are unaudited, prepared by AU Optronics Corp.
(3) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corporation, AU Optronics (Suzhou) Corporation, and AU Optronics (Shanghai) Corporation.
# # #
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is one of the top three largest manufacturers* of large-size thin film transistor liquid crystal display panels (TFT-LCD), with approximately 20.7%* of global market share with revenues of NT$217.4billion (US$6.75 bn)* in 2005. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40+ sized LCD TV panels, AUOs new generation (7.5 -generation) fabrication facility production started mass production in the fourth quarter of 2006. The Company currently operates one 7.5 -generation, two 6th-generation, four 5th-generation, one 4th-generation, and four 3.5 -generation TFT- LCD fabs, in addition to eight module assembly facilities and the AUO Technology Center specializes in new technology platform and new product development. AUO is one of few top-tier TFT-LCD manufacturers capable of offering a wide range of small- to large- size (1.5 -46) TFT-LCD panels, which enables it to offer a broad and diversified product portfolio.
*As shown on DisplaySearch Quarterly Large-Area TFT-LCD Shipment Report dated November 2, 2006. (AUO market share = pre-merger AUO market share + QDI market share) This data is used as reference only and AUO does not
make any endorsement or representation in connection therewith. 2005 year end revenue converted by an exchange rate of NTD32.2039:USD1.
FOR MORE INFORMATION
Yawen Hsiao
Corporate Communications Dept.
AU Optronics Corp.
No.1, Li-Hsin Road 2, Science-Based Industrial Park,
Hsinchu City, 300, Taiwan, R.O.C.
Tel: +886-3-5008899 ext 3211
Fax: +886-3-5772730
Email:yawen.hsiao@auo.com