|
AUO 3Q16 operations turn profitable Rebecca Kuo, Tainan; Adam Hwang, DIGITIMES [Friday 28 October 2016] AU Optronics (AUO) saw its operations swing from net operating loss of NT$4.981 billion (US$158 million) for the first half of 2016 to net operating profit of NT$5.759 billion for the third quarter, the company announced at an October 27 investors conference. AUO posted consolidated revenues of NT$86.017 billion, gross margin 13.15%, net operating profit 5.759 billion, net profit NT$4.616 billion and net EPS NT$0.51 for the third quarter. For January-September, AUO recorded consolidated revenues of NT$237.243 billion, gross margin 7.28%, net operating profit NT$778 million, net loss NT$1.768 billion and net loss per share of NT$0.12. AUO shipped 29.27 million large-size (10-inch and above) panels, increasing 2.8% on quarter and 11.4% on year, in the third quarter. Small- to medium-size shipments were 37.97 million decreasing 10.6% on quarter and 22.0% on year. Third-quarter total area shipped was 6.617 million square meters and ASP was US$372 per square meter. Of third-quarter panel revenues of NT$80.614 billion, 16% came from below 10-inch panels, 26% from 10- to <20-inch units, 15% from 20- to <39-inch units, 15% from 39- to <50-inch units and 28% from 50-inch and above. In Terms of applications, TV accounted for 46% of revenues, monitor 15%, notebook and tablet 17%, smartphone and other mobile devices 5%, and commercial displays and others 17%. Global LCD TV sales peaked at more than 300 million units in 2009-2010 and now is the time for replacement, AUO Video Solutions Business Group general manager Liao Wei-lung said. Since prices for 32- to 42-inch LCD TVs, the mainstream size in 2009-2010, stood at US$400-900 which can buy 43- to 55-inch models today, the global average size of LCD TVs sold in 2016 is expected to increase by two inches on year and the corresponding total panel area will grow 5%, Liao noted. AUO expects panel shipment volume in the fourth quarter to slip 5% on quarter due to an increase in average panel size and the corresponding ASP to rise 5-10% because South Korea-based makers will shutdown TFT-LCD production lines in the fourth quarter, resulting in continual hikes in panel price. AUO has fully utilized its production capacity, and full utilization will remain throughout the fourth quarter. Global demand for panels by total area in 2016 will increase 5-7%, larger than the growth in global supply in panel area. In 2017, demand will increase 3-5%, with global supply to remain tight, AUO president and COO Michael Tsai indicated. |
|
| aus der Diskussion: | AU Optronics übernimmt Waferhersteller M.Setek |
| Autor (Datum des Eintrages): | R-BgO (28.10.16 12:15:22) |
| Beitrag: | 51 von 58 (ID:53573364) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |