AUO’s Sales and Shipments Decline

AU Optronics (AUO) saw sales and panel shipments decline in February. Revenue for the month of NT$28.3 billion ($895.8 million) was 11.8% lower than January and broadly flat year on year, taking sales so far this year to NT$60.5 billion ($1.9 billion), 1.2% ahead of the first two months of 2014.

AUO shipped just over 8 million large panels last month, down by 15.9% from the previous month, while small and medium-sized panel shipments fell 3% sequentially to 13.2 million units.