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AU Optronics Corp. (AUO) CEO Paul Peng on Q1 2021 Results - Earnings Call Transcript

May 01, 2021 1:07 PM ETAU Optronics Corp. (AUO)
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AU Optronics Corporation (OTC:AUO) Q1 2021 Earnings Conference Call April 29, 2021 2:00 AM ET

Company Participants

Julia Chao - IR

Paul Peng - Chairman and CEO

Frank Ko - President and COO

James Chen - Senior VP of the Display Business

Benjamin Tseng - CFO

Conference Call Participants

Jerry Su - Crédit Suisse

Arthur Lai - Citigroup

Lisa Chen - Yuanta Securities


Welcome to AU Optronics First Quarter 2021 Results Conference Call. [Operator Instructions]

Now I would like to turn over the conference to Ms. Julia Chao of AUO's Department.

Julia Chao

Good afternoon, ladies and gentlemen. This is AUO's IR Officer, Julia Chao. On behalf of the company, I would like to welcome you to participate in our first quarter results conference call.

I'm joined by 4 executives. Mr. Paul Peng, Chairman and CEO; Mr. Frank Ko, President and COO; Mr. James Chen, Senior VP of the Display Business; and Mr.

Benjamin Tseng, our CFO.

The agenda of today is as follows. First of all, our CFO will go over our first quarter results and provide you with our guidance for Q2. And then our Chairman will have an opening remark. After that, we will proceed with questions and answers. We have collected questions before the meeting.

For the first part of the Q&A session, we will address these questions. Afterwards, if there are still more questions, we will open the line to take your questions. So that was the agenda.

Now before I turn over to Ben, I would like to remind you that all forward-looking statements contain risks and uncertainties. Please spend some time to read the safe harbor notice on Slide #2.

Ben, please.

Benjamin Tseng

Good afternoon. I would like to share with you our Q1 results. Overall, during the quarter, our operations were affected by a

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