AU Optronics Corp.(AUO)- NYSE
  • Oct. 29, 2012, 1:37 PM

    Stock market closures haven't stopped sell-side firms from issuing ratings changes today. Among the tech changes: Deutsche is downgrading MetroPCS (PCS) to Hold, Credit Suisse is upgrading Wipro (WIT) to Outperform, Citigroup is upgrading AU Optronics (AUO) to Buy, and Deutsche is starting coverage on Spreadtrum (SPRD) at Buy.

    | Oct. 29, 2012, 1:37 PM
  • Oct. 26, 2012, 6:48 PM

    AU Optronics (AUO) says it won't start mass-producing 4.3" AMOLED panels (aimed at smartphones) until somewhere in 2013 due to yield issues. The sooner AU can begin, the sooner Universal Display (PANL) can reduce its dependence on Samsung. Also: AU says it's continuing R&D work on OLED TV panels, but still needs to make "improvements" before large-scale production can begin. Samsung and LG are also having trouble on the OLED TV front. PANL's Q3 report arrives on Nov. 7.

    | Oct. 26, 2012, 6:48 PM
  • Oct. 25, 2012, 4:26 AM
    AU Optronics (AUO): Q3 EPS of -$1.84 may not be comparable to consensus of -$1.30. Revenue of $3.51B (+3.9% Y/Y) beats by $60M. (PR)
    | Oct. 25, 2012, 4:26 AM
  • Oct. 25, 2012, 12:05 AM

    Notable earnings before Thursday’s open: ABB, AET, AUO, AVT, AZN, BEN, BG, BIIB, CAB, CCE, CELG, CL, CME, CMS, CNX, COP, CRR, CS, CVE, D, DBD, DDD, DNKN, EQT, GG, GTI, HERO, HOT, HSY, IMAX, IP, JBLU, JNS, LINE, LKQ, MCK, MJN, MO, MYL, NBL, NOV, NS, NVS, NXPI, NYT, O, ORI, OXY, PCAR, PCP, PDS, PG, PHM, POT, PTEN, RCL, ROC, RTN, RYN, S, SHW, SPG, SWI, TKR, TSM, TZOO, UA, UAL, VLY, VPHM, XEL, ZMH

    | Oct. 25, 2012, 12:05 AM
  • Oct. 24, 2012, 5:30 PM

    Notable earnings before Thursday’s open: ABB, AET, AUO, AVT, AZN, BEN, BG, BIIB, CAB, CCE, CELG, CL, CME, CMS, CNX, COP, CRR, CS, CVE, D, DBD, DDD, DNKN, EQT, GG, GTI, HERO, HOT, HSY, IMAX, IP, JBLU, JNS, LINE, LKQ, MCK, MJN, MO, MYL, NBL, NOV, NS, NVS, NXPI, NYT, O, ORI, OXY, PCAR, PCP, PDS, PG, PHM, POT, PTEN, RCL, ROC, RTN, RYN, S, SHW, SPG, SWI, TKR, TSM, TZOO, UA, UAL, VLY, VPHM, XEL, ZMH

    | Oct. 24, 2012, 5:30 PM | 1 Comment
  • Oct. 16, 2012, 12:15 PM

    LCD panel makers LG Display (LPL +6.1%) and AU Optronics (AUO +9.4%) jump after getting upgraded all the way to Outperform from Sell by Credit Agricole. Both companies are exposed to a weak TV market, but are also benefiting from their supplier relationships with Apple - LG provides in-cell touch panels for the iPhone 5, and both LG and AU are reportedly providing LCD panels for the iPad Mini.

    | Oct. 16, 2012, 12:15 PM
  • Oct. 3, 2012, 4:21 AM

    The WSJ firms up speculation about the mass production of the iPad Mini, reporting that Apple's (AAPL) Asian suppliers have begun manufacturing the the tablet, which will have a 7.85" screen vs. 9.7" for the regular iPad and 7" for Google's Nexus. LG Display and AU Optronics (AUO) started production for the new screen last month.

    | Oct. 3, 2012, 4:21 AM | 5 Comments
  • Sep. 20, 2012, 2:37 PM

    AU Optronics (AUO -4%) has been fined $500M for its role in a 5-year LCD price-fixing conspiracy, half of what the DOJ was seeking. Shares spiked higher on the news, but still remain off on the day. Rival LG Display (LPL -1.9%) is also trading lower.

    | Sep. 20, 2012, 2:37 PM
  • Sep. 12, 2012, 9:10 AM
    Premarket gainers: MEDW +39%. SSRX +21%. JVA +18%. NBG +13%. FB +7%. YOKU +6%. NOK +6%. AUO +5%.
    Losers: GCOM -19%. ONCY -18%. PURE -16%. XRTX -15%. MTG -11%. CIG -11%. HK -7%.
    | Sep. 12, 2012, 9:10 AM
  • Sep. 11, 2012, 2:27 PM
    As consumer electronics spending shifts to mobile devices, the TV market is looking just as ugly as the PC market. DisplaySearch estimates global Q2 unit shipments fell 8% Y/Y in Q2, the same as Q1. Top vendor Samsung's (SSNLF.PK) TV revenues rose 18% Y/Y, boosting its share to 28.5%. But #3 Sony's (SNE) fell 33%, hurt by the Japanese market's brutal 77% shipment drop. Some companies with TV industry exposure: GLW, STM, NXPI, SIGM, AUO, LPL.
    | Sep. 11, 2012, 2:27 PM
  • Sep. 6, 2012, 12:13 PM

    AU Optronics (AUO +0.6%) says it will start mass-producing small-size (~4") AMOLED panels in Q3. That's good news for Universal Display (PANL +4%), which has badly sought to lower its dependence on AMOLED manufacturing leader Samsung. However, AU's initial production yield for the panels will reportedly be only around 50%. (LG Display injunction)

    | Sep. 6, 2012, 12:13 PM
  • Aug. 31, 2012, 10:29 AM

    The iPad Mini (AAPL) will sport a 7.85" display, sources tell Bloomberg, backing up earlier reports that the device will have a slightly bigger display than its 7" Android rivals. AU Optronics (AUO) and LG Display (LPL) will provide LCD panels for the Mini, which is rumored to be thinner than the regular iPad.

    | Aug. 31, 2012, 10:29 AM
  • Aug. 27, 2012, 6:06 PM

    Notebook display panel prices have dropped in August due to weak demand, claims DisplaySearch. This comes on top of recent reports of falling PC DRAM prices, and is another sign PC component suppliers could be facing intense pricing pressure in 2H to go with soft unit shipments, thanks to the industry's woes. All eyes are on Windows 8's (MSFT) Oct. 26 launch. (Intel estimate cuts)

    | Aug. 27, 2012, 6:06 PM
  • Aug. 6, 2012, 1:57 PM
    It's not just Sharp (SHCAY.PK) that's feeling the pain caused by a weak TV market: Sony (SNE), Samsung (SSNLF.PK), Panasonic (PC), and LG have all significantly lowered their 2012 sales targets. Sony's target has dropped by 4M to 15.5M, and Samsung's by 10M to 40M. The ripple effects are already being felt by everyone from panel makers (AUO, LPL) to component suppliers (GLW, NXPI, STM) to retailers (HGG, BBY, CONN).
    | Aug. 6, 2012, 1:57 PM | 4 Comments
  • Jul. 25, 2012, 6:21 PM
    Corning (GLW -7.7%) opened down just slightly after reporting this morning, but ended up plunging to 3-year lows. Q2's 16% Y/Y drop in display glass sales more than offset modest increases elsewhere, and stoked fears that there's no bottom in sight for the market, given weak LCD TV demand. During its earnings call, Corning noted macro issues are affecting multiple businesses, and that it's seeing "mixed performance" in China, where it's about to build a new plant. AUO -7.6%. LPL -4.1%.
    | Jul. 25, 2012, 6:21 PM | 1 Comment
  • Jul. 25, 2012, 5:55 AM
    AU Optronics (AUO): Q2 EPS of -NT$1.39 misses by NT$0.50. Revenue of NT$95.2B (-2.9% Y/Y). (PR)
    | Jul. 25, 2012, 5:55 AM
Company Description
AU Optronics Corp. engages in the research, development, production, and sale of thin film transistor liquid crystal displays and other flat panel displays. It operates through the Display and Solar segments. The Display segment deals with the designing, developing, manufacturing, and marketing... More
Sector: Technology
Industry: Computer Peripherals
Country: Taiwan