AUO sales driven by rising prices in 1Q21

What They Say

auoLike the other panel suppliers, AUO enjoyed the business in Q1 2021, with sales up 3.0% on Q4 2020 to $2.98 billion, and up 54.5% on last year. Net profit was $423 million, an operating margin of 14.5%.

What We Think

No real surprise here, but it’s good to see AUO doing well and ‘making hay while the sun shines’. (BR)