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AUO Declines to Comment on the Speculation about Apple
By Vincent Wang
Published: Jan 13,2016
TAIPEI, Taiwan — AU Optronics Corp. (AUO) shares on Tuesday gained 5.65 percent to reach NT$9.53 amid speculation that Apple Inc. plans to help finance the construction of an LCD production line with the island’s No. 2 LCD-panel maker. AUO declined to comment on the reports.
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According to an earlier report, saying AUO had a good chance to become the third active-matrix organic light-emitting diode (AMOLED) screen supplier to the US-based consumer electronics giant after South Korea’s Samsung Electronics Co. and LG Display Co.
However, AUO declined to comment on the reports.
For the year ended December 31, 2015, unaudited consolidated revenues decreased by 11.7% year-over-year to NT$360.54 billion.
The company cited that for the full year of 2015, large-sized panel shipments exceeded 105.65 million units, a decrease of 9.6 percent from the previous year. Small and medium-sized panel shipments totaled around 172.81 million units, up by 1.2 percent year-over-year.
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