AUO has successfully launched the word’s first UHD 4K curved LCD TV display and pioneered in mass production of the 6-inch WQHD (resolution 2560×1440) ultra high resolution LCD panel for smartphones at the end of last year. The Company said that will continuously focus on the technological upgrade and product differentiation.

It will also proactively develop the sectors with high growth potential as well as high entry barriers, such as car displays, hoping to discover growth momentum and secure technological lead within the highly competitive TFT-LCD industry, with an aim to further enhance its operating performance.

Accodring to the Company, the consolidated revenues in the fourth quarter of 2013 were NT$102,703 million (US$3,443 million), down 4.1% from the previous quarter. Gross profit was NT$7,656 million (US$257 million), with the gross margin of 7.5%.

In the fourth quarter of 2013, large-sized panel shipments totaled around 30.2 million units, up by 2.8% quarter-over-quarter. Shipments of small-and-medium-sized panels in the same quarter were around 41.2 million units, down by 6.6% quarter-over-quarter based on AUO's statistics.

Looking back to the fourth quarter, market prices for TV panels were still on the decrease. Nevertheless, through the cost control and operating efficiency improvement, AUO continued to generate profits with operating margin and EBITDA margin achieving 1.0% and 16.0%, respectively.