AU Optronics to Strengthen Relationship with Qisda

HSINCHU, Taiwan, March 31 /Xinhua-PRNewswire-FirstCall/ -- AU Optronics
Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced that
its Board of Directors has approved the purchase of Qisda Corporation's common
shares at the amount within NT$ 2 billion through a private placement. AUO
plans to acquire 90,456,800 common shares at NT$22.11 per share with total
share holding reaching 9.58% stake of Qisda. Through this investment, the
company expected to strengthen further strategic relationship and created a
three-win strategy for AUO, Qisda and customers. Both AUO and Qisda can
further foster their core competitiveness respectively and provide brand
customers with better solutions in capturing emerging trends of TFT-LCD
applications in consumer electronic market.
AUO stated that the recent alliances among some TFT-LCD manufactures,
system integrators, together with some brands have been changing TFT-LCD
supply chain. This trend will also support consumer electronic products in
customization and diversification with the right time to market. To provide
better service to its brand customers and take potential business
opportunities at an early stage, AUO will prepare itself for the next move by
building up further relations with important system integrators. Since Qisda
has been a long-term strategic partner to AUO, the Board of Directors also
believes the decision will support AUO's long-standing sustainability. It is
believed that the tie-up investment will help Qisda, an important customer to
AUO, to scale up its business operation as well as enhance the competitiveness
and operational efficiency for both entities through a stronger cooperation
relationship, and to maximize mutual shareholder values."
ABOUT AU OPTRONICS
AU Optronics Corp. ("AUO") is the world largest manufacturer* of large-
size thin film transistor liquid crystal display panels ("TFT-LCD"), with
approximately 20.3%* of global market share with revenues of NT$480.2 billion
(US$14.81billion)* in 2007. TFT-LCD technology is currently the most widely
used flat panel display technology. Targeted for 40"+ sized LCD TV panels,
AUO's new generation (7.5-generation) fabrication facility production started
mass production in the fourth quarter of 2006. The Company currently operates
one 7.5-generation, two 6th-generation, four 5th-generation, one 4th-
generation, and four 3.5-generation TFT-LCD fabs, in addition to eight module
assembly facilities and the AUO Technology Center specializes in new
technology platform and new product development. AUO is one of few top-tier
TFT-LCD manufacturers capable of offering a wide range of small- to large-
size (1.5"-65") TFT-LCD panels, which enables it to offer a broad and
diversified product portfolio. * DisplaySearch 4Q2007 WW Large-Area TFT-LCD
Shipment Report dated Jan 23,
2008. This data is used as reference only and AUO does not make any
endorsement or representation in connection therewith. 2007 year end
revenue converted by an exchange rate of NTD32.43:USD1.

Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), the
world's third largest 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 December 31, 2006.
SOURCE AU Optronics Corp.

Fiona Chiu, Corporate Communications Dept of AU Optronics Corp, +886-3-5008899
ext 3206, fax, +886-3-5772730, or fiona.chiu@auo.com; or Yawen Hsiao,
Corporate Communications Dept. of AU Optronics Corp., +886-3-5008899 ext 3211,
fax, +886-3-5772730, or yawen.hsiao@auo.com