AUO and TPV to Establish Joint Venture for TFT-LCD Module Production and TV Set ODM in Poland

HSINCHU, Taiwan, March 12, 2010 - AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) held
a meeting of the Board of Directors on March 12, 2010, at which the Board
approved a resolution establishing a joint venture of TFT-LCD module
production and TV-set ODM with TPV Technology Limited in Gorzow, Poland, with
a view to provide closer services to customers and to develop the European
market. If the investment plan is approved by the relevant regulatory
authorities, the joint venture will be another strategic alliance for AUO and
its partner as well as a new operation model to supply international brands
locally. Meanwhile, it is the third module plant for AUO to develop the
European market with more complete on-site services after establishing
manufacturing sites in Czech and Slovakia.

The Board of Directors of AUO and TPV Technology approved, on the basis
of strategic alliance, to set up a joint venture company combining TPV's
well-branded image and business infrastructure in the European market, and
the strength of AUO's leading technology in TV panel manufacturing. The joint
venture will be named "BriVictory Display Technology (Labuan) Co., Ltd" with
an initial capital of US$ 40 million. AUO and TPV will own 51% and 49% of the
shareholding of the joint venture company, respectively.

"AUO has devoted to providing customers value-added services, including
integrated design and product total solutions," AUO's Chairman, Mr. K. Y. Lee
said. "TPV has very strong competence in LCD TV manufacturing in the European
market. With TPV's excellent capability in product assembly, AUO hopes to
leverage on TPV to enhance its business position in the European market. This
joint venture would bring both superior competitiveness into full play and
bring mutual benefits in the long run."

Dr. Jason Hsuan, TPV's Chairman and Chief Executive Officer, said, "TPV
is one of the world's leading PC monitor makers and the largest LCD TV ODM
company. We are glad to have AUO to be our strategic partner for further
developing the European market. AUO has been a world class panel manufacturer
that continually dedicates to new technology innovation. Both companies
closely worked together in the past. We not only can gain stable panel supply
from the cooperation but also can enlarge the cooperation to system assembly
for increasing operation efficiency to provide better services to European
customers in the future."

ABOUT TPV TECHNOLOGY LIMITED

TPV is a leading solutions provider specializing in the design and
production of a wide spectrum of PC monitors and LCD TVs for distribution to
over 30 countries. TPV's products add value to customers through cost
leadership, timely delivery and superior quality. TPV brands include AOC and
Envision.

Currently, TPV is the world's largest PC monitor manufacturer in terms of
unit shipments. It is listed on both Hong Kong and Singapore stock exchanges.

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is a worldwide top three manufacturer* of thin
film transistor liquid crystal display panels (TFT-LCD). AUO is able to
provide customers with a full range of panel sizes and comprehensive
applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to
greater than 65 inches. AUO generated NT$359.3 billion (US$11.2 billion) in
sales revenue in 2009 and now houses a staff of more than 42,000 employees
throughout with global operations in Taiwan, Mainland China, Japan,
Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first
pure TFT-LCD manufacturer to be successfully listed at the New York Stock
Exchange (NYSE). AUO extended its market to green energy industry in late
2008, and formally founded the Solar Photovoltaic Business Unit in October
2009. For more information, please visit AUO.com.

    (*) DisplaySearch 4Q2009 WW Large-Area TFT-LCD Shipment Report. This data
        is used for reference only and AUO does not make any endorsement or
        representation in connection therewith. 2009 year end revenue
        converted at an exchange rate of NTD31.95:USD1.

Safe Harbour Notice

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a
worldwide top three manufacturer of large-size TFT-LCD panels, today
announced the above news. Except for statements in respect of historical
matters, the statements contained in this Release are "forward-looking
statements" within the meaning of Section 27A of the U.S. Securities Act of
1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These
forward-looking statements were based on our management's expectations,
projections and beliefs at the time regarding matters including, among other
things, future revenues and costs, financial performance, technology changes,
capacity, utilization rates, yields, process and geographical diversification
, future expansion plans and business strategy. Such forward looking
statements are subject to a number of known and unknown risks and
uncertainties that can cause actual results to differ materially from those
expressed or implied by such statements, including risks related to the flat
panel display industry, the TFT-LCD market, acceptance and demand for our
products, technological and development risks, competitive factors, and other
risks described in the section entitled "Risk Factors" in our Form 20-F filed
with the United States Securities and Exchange Commission on June 4th, 2008.

Freda Lee, +886-3-5008800 x3206, +886-3-5772730 (Fax), or freda.lee at auo.com, or Yawen Hsiao, +886-3-5008800 x3211, +886-3-5772730 (Fax), yawen.hsiao at auo.com, both of Corporate Communications Division, AU Optronics Corp.