AU reports strong March revenue

Taiwan-based AU Optronics, a producer of TFT-LCD panels, has announced a preliminary consolidated March 2010 revenue of TWD40.7m (£0.8m), an increase of 24.5 per cent from February and 83.9 per cent year over year.

In the first quarter of 2010, AUO’s unaudited consolidated revenues came to TWD111.6m, indicating a reduction of 2.9 per cent quarter over quarter but a growth of 119.9 per cent year over year.

Approximately 9.77 million large-size panel shipments for March 2010 were recorded – an increase of 22 per cent over February – while shipments for small and medium-sized panels totalled 21.39 million units, showing an increase of 32.9 per cent month over month.