HSINCHU, Taiwan: AU Optronics Corp. announced today that the
Company will participate in Solar Power International 2010 to showcase its
full lineup of PV products. SunForte PM318B00, a high-efficiency
mono-crystalline solar module, will make its debut in the show. The product
employs high-efficiency mono-crystalline solar cells and has a conversion rate
as high as 19.5%.
Solar Power International 2010 will be held in Los Angeles, U.S.A., from
Oct. 12-14. The show is organized by the Solar Electric Power Association
(SEPA) and the Solar Energy Industries Association (SEIA). It is one of the
most noted professional PV trade shows in the world.
In addition to the solar module with the highest conversion rate, AUO will
be displaying the AC Module for the U.S. residential market. AUO leads the
industry by applying an anti-reflection coating to the AC Module, which
increases the conversion rate by 4%, maximizing the system's output power.
The system is therefore free from output power degradation in case of
shadowing, easy to install and maintain, and highly expandable.
The mainstream multi-crystalline solar module EcoDuo PM220P01 is also
among the exhibits. The module is on the CEC (California Energy Commission)
listing under the solar electricity systems category. Furthermore, EcoDuo
PM240P00, the upgraded model of the multi-crystalline solar module PM220, has
an output power that is 10% higher than its predecessor, from 220W to 240W.
Worthy of note, the PM220P00 of the same series is the world's first PV module
to have obtained carbon footprint verification.
AU Optronics Corp. comments that as one of the few companies worldwide
possessing cutting-edge technology for high quality TFT-LCD panels, the
Company's experiences and technologies in TFT-LCD production and yield rate
control have been passed on to the development of solar modules. The
expertise along the value chain from materials, modules to power system
development, is thus better secured. The participation to Solar Power
International 2010 will demonstrate AUO's strengths in R&D and its fruits.
The occasion will also present enormous opportunities for the Company to
further develop the North American PV market.
AUO is currently the only "total solutions" provider that tops the
industry in various technological domains of the vertical solar value chain,
including the solar wafers that produce the highest efficiency solar cells,
the solar cells with the highest conversion rates, and the establishment of
solar module plants worldwide. Following the mass production of solar modules
in the Taiwan (Taichung) and Czech sites, AUO will also set up its second
solar module plant in Tianjin, China for an expected capacity of 1GW. AUO
will continue to accelerate its solar development to complete the industry
value chain, providing customers with even more satisfactory products and
services from upstream to downstream.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is a global leader 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, with global operations in Taiwan,
Mainland China, Japan, Singapore, South Korea, the U.S., and Europe.
Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully
listed at the New York Stock Exchange (NYSE). AUO extended its market to the
green energy industry in late 2008, and formally founded its Solar Business
Unit in October, 2009. For more information, please visit AUO.com.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a
global leader of 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 of 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 May
11th, 2010.
For more information, please contact:
Freda Lee
Corporate Communications Division
AU Optronics Corp.
Tel: +886-3-5008800 x3206
Fax: +886-3-5772730
Email: freda.lee@auo.com
Yawen Hsiao
Corporate Communications Division
AU Optronics Corp.
Tel: +886-3-5008800 x3211
Fax: +886-3-5772730
Email: yawen.hsiao@auo.com
SOURCE AU Optronics Corp