HSINCHU, Taiwan, March 1 /PRNewswire-Asia-FirstCall/ — AU Optronics Corp.
(“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO) will exhibit at PV EXPO 2010
in Tokyo Big Sight, Japan from March 3-5 to showcase its competitive edge
the solar industry value chain. High quality polysilicon, ingots and wafers
produced by M.Setek and high-efficiency mono-crystalline and multi-crystalline
PV modules from AUO will be on display.
The PV EXPO in Japan is one of the most noted professional PV trade
in the world, as well as the most important business platform of the Asian PV
industry. There are 570 exhibitors worldwide participating this year,
displaying a full range of technologies for materials, equipment, solar cells
and modules, photovoltaic systems and integration schemes. It is a must-attend
event for vendors who wish to break into the Japanese and Asian PV markets.
AUO will be exhibiting the high-efficient module Mono 245W, which is
capable of generating more power on space-limited rooftops with an impressive
conversion rate of 14.7%. It weighs merely 20kg, around 15% lighter than
modules of the same size in the market, and is also easy to install.
Customers have their options of choosing black or white colored modules to
match the designs of their buildings.
In its energy business, AUO has both the quality key materials from
M.Setek in the upstream and photovoltaic system projects in the downstream to
provide the most competitive total solution. Therefore, the company will
exhibit quality material with high conversion rates at the PV EXPO to
demonstrate its strategic position in the integration of the solar industry
Being a major supplier to renowned solar cell companies around the world,
M.Setek boasts leading technologies in Japan for upstream polysilicon and
wafers with high conversion rates. It is one of the few global suppliers that
can provide high quality and high-efficiency solar wafers. The Company is also
among the first to employ diamond wire sawing and is capable of mass
production. The technology helps increase conversion rates, eliminate the use
of organic solvents to ensure eco-friendly production, and maintain cost
competitiveness. M.Setek is also equipped with the technologies to fully
recycle its materials, to take their share of responsibility in carbon balance
in the green energy industry. At the PV EXPO, M.Setek will display several
wafers, among which the N-Type mono-crystalline wafer can be applied to the
making of high-efficiency solar cells, with a conversion rate as high as
James Chen, AUO’s Senior Associate Vice President of the Solar
Photovoltaic Business Unit will be speaking at the Taiwan Photovoltaic
Industry Forum on the morning of March 4 during PV EXPO. The topic is to be
AUO’s Green Solutions.
AUO has actively invested in solar business and planned for the solar
value chain from upstream to downstream. The Company has partners in Europe
for the development of several solar projects. In addition, a reliability lab
for the testing of solar modules has been set up in Taichung, with its product
quality certified by TUV Rheinland, a global leader in independent testing and
assessment services from Germany. The plan is to next launch solar business
operating points in China this year. With the strategy to provide total
solutions, AUO will cooperate closely with partners in the industry value
chain to further develop the global solar market.
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,
South Korea, the U.S., and Europe. Additionally, AUO is the first pure
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 3Q2009 WW Large-Area TFT-LCD Shipment Report. This data
used as reference only and AUO does not make any endorsement or representation
in connection therewith. 2009 year end revenue converted by an exchange rate
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
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.
SOURCE AU Optronics Corp.
Freda Lee, +886-3-5008800 x3206, +886-3-5772730 (Fax), or email@example.com,
or Yawen Hsiao, +886-3-5008800 x3211, +886-3-5772730 (Fax),
firstname.lastname@example.org, both of Corporate Communications Division, AU Optronics