From Yahoo AUO thread. I bought more on Tuesday; AUO is now one of my largest positions. FWIW, Morningstar gives it a A+, B, and B for growth, profitability, and financial health.
digitimes.com q=88
TFT LCD makers: March sales estimates
Yvonne Young, Taipei; Carrie Yu, DigiTimes.com [Thursday 1 April 2004]
AU Optronics (AUO), Chi Mei Optoelectronics (CMO) and Chunghwa Picture Tubes (CPT) all estimate strong March sales while HannStar Display sees only slight growth, according to the companies.
AUO expects to see record revenues this month, higher than last month’s NT$12.48 billion, as its 3.5-generation (3.5G) and 4G TFT LCD plant are both running at full capacity, and its 5G plant has reached 60,000-glass substrate monthly processing capacity.
CMO also estimates record revenues to exceed February’s NT$7.92 thanks to LCD TV panel orders from Japanese customers and improved 5G yield rate.
CPT, apart from estimated record revenues in March, expects its PDP (plasma panel display) shipments to steadily grow through May. Its March PDP shipments have exceeded 4,000 units. The company bases its optimistic March sales estimate on strong 17-inch LCD monitor demand, improved 4.5G yield rate and higher 15-inch panel prices.
HannStar said its March sales will only slightly increase from February’s NT$3.07 billion due to slow ramping of its 5G capacity but anticipates strong monthly sales in the second quarter after the plant reaches output of 50,000 to 60,000 panels next month.
TFT LCD makers: February 2004 revenues (NT$m)
Company
Sales
M/M
Y/Y
YTD
Y/Y
AUO
12,480
2.8%
131.2%
24,615
129.1%
CPT
7,222
2.7%
214.8%
14,253
178.5%
CMO
7,652
6.9%
85.7%
14,808
71.7%
HannStar Display
3,069
-2.0%
38.5%
6,203
37.5% |
