AU Optronics Reports 22% Increase in May Revenues
Computer and TV screen maker AU Optronicsreported this morning that May revenues blossomed, rising 3.5% sequentially to 38,300 new Taiwan dollars, and surging 22% year over year.
The monitor maker said large-screen panel shipments exceeded 10.51 million units in May, an 11% jump from April. Small and medium-sized panels declined, however, falling 2.5% to 11.78 million units. The larger sizes, which measure 10 inches or more diagonally, are used in desktop monitors, notebook computers, and LCD TVs.
Year to date, revenues are NT$169,548, up 18.7% from the year-ago period.
Headquartered in Taiwan, AU Optronics is a leading provider of optoelectronic solutions with panels ranging in size from 1.5 inches to 65 inches. It recorded revenues of more than $13 billion in 2012.
The article AU Optronics Reports 22% Increase in May Revenues originally appeared on Fool.com.
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