AUO Result 28/04/16

AUO said that its revenues were down 14.7% from last quarter at NT$71.14 billion ($2.2 billion) with a gross margin of just 0.5%. The operating loss was NT$5.1 billion ($158 million) and net loss $NT5.58 billion ($173 million). Large panels were down to 24.43 million, a reduction of 11.5% QoQ and small panels were 37.75 million, up 13% QoQ. See our editorial in this issue for more information.