AUO Expands into European Market and Builds Up Local Presence

HSINCHU, Taiwan, June 7, 2011 -

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE:
AUO) announced it will participate in Intersolar Europe 2011 in Munich from
June 8th to 10th to showcase its world's first carbon footprint PV module
EcoDuo PM200P00, European-made latest products, and cutting-edge ACPV
technology. With the help of its local partners, AUO actively expands into
the European solar market and strengthens its presence in Germany, Italy,
Slovakia, the Czech Republic and the UK with its image of reliability and
sustainability.

"We have the world's highest efficiency solar value chain with
SunPower and M.Setek and are pleased to have been selected as the primary
module supplier for many power plants in Europe, to support our customers to
secure energy from renewable resources," said James Chen, Vice President of
AUO Solar Business Group. "With a solar module plant in the Czech Republic,
AUO is able to provide made-in-Europe products, on-time delivery and stable
products to the European customers. We look forward to working with our
European partners to offer clients high-value and reliable service."

AUO has recently announced its latest development of a 2MW
ground-mounted project in Viglas, Central Slovakia, by adopting AUO's EcoDuo
PM220P00 module. This PV product obtained the world's first PV module having
passed PAS2050 carbon footprint verification by SGS and is a significant
milestone in the PV industry. To further implement the green efforts, AUO has
also joined PV Cycle Association to take a proactive role in developing
effective PV module recycling programs and initiatives.

Aiming at high-end European market, AUO has developed its premium
GreenTriplex PM250M00 PV module with an aesthetically pleasing all black
appearance, three busbar cell design, and self-cleaning function. In
addition, GreenTriplex is used in the AC photovoltaic technology (AC PV),
where the integrated microinverter converters module's DC power to grid
compliant AC power, enhancing system performance by up to 25% more than
traditional PV systems. The AC PV has been designed to speed up the field
installation process. Various features such as, install straight
out-of-the-box, scalable cabling design, continuous grounding, have all been
created to minimize the effort in designing and installing a PV system. Also,
its output bus voltage is around one-third of the traditional PV system. This
makes it very safe and reliable for residential users.

AUO has successfully participated in ground-mounted PV system and
rooftop solar system projects in Germany, Italy, Slovakia, the Czech Republic
and the United Kingdom by working closely with its partners. The Company is
also aggressively expanding into Middle East and Asian solar market. AUO
expects to create a greener life for people worldwide by providing
innovative, high-efficiency and low-carbon PV solutions.

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is a global leader 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 71
inches. AUO generated NT$467.2 billion in sales revenue in 2010 (US$16
billion) 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 the green energy industry in late 2008.
The Display and Solar businesses were established respectively as the
Company's two core businesses in October, 2010. For more information, please
visit AUO.com.

* 2010 year end revenue converted at an exchange rate of
NTD29.14:USD1.

Safe Harbour Notice

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE:
AUO), a global leader of 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 of 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 May 3rd, 2011.

Freda Lee, Corporate Communications Division of AU Optronics Corp., +886-3-5008800 ext 3206, or fax, +886-3-5772730, or freda.lee at auo.com or Yawen Hsiao, Corporate Communications Division of AU Optronics Corp., +886-3-5008800 ext 3211, or fax, +886-3-5772730, or yawen.hsiao at auo.com