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AUO’s 2014 Sales Fell 2% YoY

AU Optronics (AUO) saw sales for 2014 fall 2% year on year to NT$408.2 billion ($12.8 billion), though in December and the final quarter of the year, sales improved slightly YoY.

AUO’s sales in December reached NT$33.7 billion ($1 billion), down 3.1% sequentially but 1% higher than December of the previous year. For Q4, AUO reported sales of NT$105.5 billion ($3.3 billion), down 1.3% from the previous quarter but 2.7% higher than Q4 2013.

Shipments of large panels in December were around 9.3 million units, down 3.8% from November and 9.7% down on December 2013, taking shipments for the final quarter to 29.4 million units, flat quarter on quarter but a decrease of 2.5% YoY. For the year, AUO’s total large panel shipments reached 116.9 million units, flat YoY. 

Small and medium panel shipments in December decreased by 4.1% month on month to 12.9 million and were flat year on year, while for the fourth quarter, AUO shipped 42.7 million small and medium panels, down 11.4% from Q3 but 3.7% higher YoY. AUO’s small and medium sized panel shipments for the year were 12% higher than 2013 at 170.7 million units.