Industry news

AU Optronics (AUO) has announced that its December 2016 consolidated revenue came to NT$31.16 billion (US$947.18 million), up by 3% on month and 21% on year.

For the fourth quarter of 2016, consolidated revenues totaled NT$91.85 billion, up by 6.8% sequentially and 10.1% year-over-year, the LCD panel maker said. For the year ended December 31, 2016, consolidated revenues totaled NT$329.09 billion, down by 8.7% on year.

Shipments of large-size panels (10-inch and above) for LCD TV, desktop monitor, notebook PC, and other applications were around 9.76 million units in December 2016, up by 6.6% from the previous month. As for small- to medium-size panels, the shipments were approximately 12.61 million units, up by 9.2% on month.

For the fourth quarter of 2016, AUO shipped around 28.32 million large-sixe panels, decreasing 3.2% sequentially but increasing 2.6% on year. Shipments of small- to medium-size panels in the same quarter exceeded 35.74 million units, down by 5.9% on quarter but up by 7.0% on year.

For the full year of 2016, large-size panel shipments totaled around 110.48 million units, an increase of 4.6% from the previous year. Small- to medium-size panel shipments exceeded 153.97 million units, down by 10.9% year-over-year.