AU Optronics Corp. (AUO) reported that its first quarter of 2013 net loss attributable to owners of Company was NT$3.17 billion or US$106 million, while loss for the latest-quarter was NT$0.36 or US$0.12 per ADR.
Net loss for the first quarter of 2013 was NT$3.32 billion or US$111 million.
Consolidated revenue in the first quarter of 2013 was NT$94,244 million or US$3.16 billion, down 5.2% from the previous quarter.
In the first quarter of 2013, shipments for AUO's large-sized panel shipments reached around 27.0 million units, down by 13% quarter-over-quarter. Shipments for small and medium-sized panels were around 30.7 million units, down 18.5% quarter-over-quarter.
Looking forward to the second quarter, the Company's operation is expected to further grow supported by several positive factors. For the TV panel market, AUO plans to ride the trends of large-screen TV to increase the average panel size of the Company and to continuously strengthen its competitive edge on the high-resolution products.
In addition, for the small and medium-sized panels and touch applications, the Company's customer portfolio is becoming more solid and diversified. With more customers' new models expected to roll out in the second-quarter, the Company's capacity utilization rates has chances to trend up sequentially, the company said.
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