Profile: AU Optronics Corp (AUO)
18 Jan 2017
AU Optronics Corp., incorporated on August 12, 1996, is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels. Its panels are primarily used in televisions, monitors, mobile personal computers (PCs), mobile devices and commercial and other applications (such as displays for automobiles, industrial PCs, automated teller machines, point of sale terminals and pachinko machines). Through Solar business segment, the Company is capable of manufacturing upstream and midstream products, such as ingots, solar wafers and solar cells.
The Company sells its panels primarily to companies that design and assemble products based on their customers' specifications, commonly known as original equipment manufacturing service providers, and to brand customers. Its original equipment manufacturing service provider customers, most of whose production operations are located in Taiwan or the People's Republic of China (PRC), use its panels in the products that they manufacture on a contract basis for brand companies across the world. It also sells its products to some brand companies on a direct shipment basis. It manufactures TFT-LCD panels at fabrication facilities commonly known as Fabrication plants (fabs). With production facilities utilizing 3.5-, fourth-, 4.5-, fifth-, sixth-, 7.5- and 8.5-generation technologies, the Company produces a large number of panels of various sizes. It designs, develops, manufactures, assembles and markets a range of display products for various principal product categories, such as Televisions, which typically utilize display panels ranging from 17 inches to 85 inches, including panels for televisions, television sets and other related products for televisions; Monitors, which typically utilize display panels ranging from 17 inches to 35 inches, including products, such as desktop monitors; Mobile PCs, which typically utilize display panels ranging from 6 inches to 17.3 inches, including products, such as notebooks and tablets; Mobile devices, which typically utilize display panels ranging from 1.4 inches to 6 inches, including products, such as mobile phones, and Commercial and other applications, which typically utilize display panels ranging from 1.2 inches to 24 inches or above for use in products, such as displays for automobiles, industrial PCs, automated teller machines, point of sale terminals, pachinko machines and others.
Through the Company's subsidiaries AUO Crystal Corp. and M.Setek Co., Ltd. (M.Setek), it mainly focuses on research, production and sales of solar materials, such as ingots and solar wafers. Its principal manufacturing sites for ingots and solar wafers are located in Taiwan, Japan and Malaysia. In addition, it is capable of producing both mono-crystalline solar wafers and multi-crystalline solar wafers as a result of its product line ranging from ingots to solar wafers. It also designs, develops and manufactures solar modules, builds solar systems and provides various value-added services for solar systems projects. Its solar modules are manufactured with multi-crystalline solar cells and mono-crystalline solar cells. It sells its ingot and solar wafer products primarily to solar cell manufacturers. It sells its solar modules primarily to overseas customers, including installers, solar system integrators, property developers and other value-added resellers, which incorporate its solar modules into large on-grid integrated solar systems with inverters, mounting structures and wiring systems.
The Company competes with LG Display, Samsung Display, Innolux, Chunghwa Picture Tubes, Hannstar Display, Sharp, Panasonic LCD, Japan Display, BOE, Century, Tianma, EverDisplay Optronics, China Star Optoelectronics Technology and CEC-PANDA LCD Technology.
AU Optronics Corp
Li-Hsin Road 2, Hsinchu Science