AUO Showcases Industry Strength at PV Taiwan 2010
By Au Optronics Corp., PRNESunday, October 24, 2010
HSINCHU, Taiwan, October 25, 2010 - AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO)
announced today that the Company will showcase the latest PV products at PV
Taiwan 2010. SunForte PM318B00, a high-efficiency mono-crystalline solar
module, will make its debut in Taiwan. Besides, in order to highlight its
solar competitiveness, AUO will also demonstrate the multi-crystalline EcoDuo
PM240P00 and EcoDuo PM250P00 solar modules.
For the urban areas with smaller rooftops, AUO will launch the SunForte
PM318B00 with a conversion rate as high as 19.5%, which is 5.5% higher than
the rate of the conventional module in the industry. The product will
maximize the solar power output for solar system users.
In addition, EcoDuo PM240P00, the same-sized upgraded model of the
multi-crystalline solar module PM220, has raised its output power to 240W,
which is 10% higher than its predecessor. EcoDuo PM250P00, with an output
power of 250W, will also be showcased at the exhibition.
Since 2008, AUO has dedicated itself to collaboration with solar
partners. As a result, the joint venture solar cell fabrication facility in
Malaysia, AUO SunPower Sdn. Bhd., has successfully manufactured the initial
production of solar cells, yielding a minimum conversion efficiency of 22.2%.
It demonstrates AUO SunPower's high-quality product technology and strong
manufacturing capability.
Other than the solar system project in Europe, AUO Solar dedicates to
Taiwanese solar system development and low-carbon engineering. AUO has just
completed the construction of 30KW solar system on the rooftop of AUO
Taichung Fab I. Also, a rooftop solar system of 134KW at the AUO Dormitory in
Houli started to operate recently. The other construction of 10MW solar
system project in AUO's Taichung Fab II is currently in process, which will
showcase AUO's technology and integration competence in the solar business.
The efforts also realize the goals of using renewable energy and achieving
low-carbon fabs.
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 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, 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.
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 11th, 2010.
Freda Lee, +886-3-5008800 x3206, Fax +886-3-5772730, freda.lee at auo.com; or Yawen Hsiao, +886-3-5008800 x3211, Fax +886-3-5772730, yawen.hsiao at auo.com, both of Corporate Communications Division of AU Optronics Corp.
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