AUO’s July Sales Drop 23.4% YoY

AU Optronics (AUO) saw sales in July fall 10.4% sequentially and 23.4% year on year to NT$27.4 billion ($852.5 million), bringing sales so far this year to NT$214.9 billion ($6.7 billion), 7.2% down on the same period of last year.

AUO shipped 7.7 million large panels in July, down by 4% from the previous month, while small and medium panel shipments increased 3.5% MoM to 17.5 million units.

The company said recently that to maintain its profits in the second half of the year, it would focus on producing TV panels that are larger, curved and which feature 4k resolution, as well as high-end notebook panels and automotive and wearable displays.