Quantum Materials Corp. (fka QTMM)

[BigE1960]

AUO reports 21% on-year revenue decline for October

AU Optronics (AUO) has announced its unaudited consolidated revenues reached NT$29.19 billion (US$901 million) for October 2015, down 7.1% on month and 21.1% on year.

Shipments of large-size panels for LCD TV, monitor, notebook, and other applications exceeded 8.87 million units in October 2015, down by 6.9% from the previous month. As for small- to medium-size panels, shipments decreased 25.8% on month to nearly 10.70 million units.

Moving ahead into 2016, AUO intends to focus primarily on technology integration in order to reduce customer costs and logistics along with value-added products, according to the company.

AUO said in terms of notebooks it is pushing oTP products while in the TV segment it is pursuing FIM products that combine Ultra HD resolution, curved features and technologies such as quantum dots. The company is also concerning itself more with software solutions to provide more complete solutons.

http://www.digitimes.com/news/a20151105VL202.html