AUO Confirmation

Here are three more articles that support not only a return to profitability, but also an increased stock price for AUO.

Digitimes says

Amid rising panel quotes and shipment increases, AU Optronics (AUO) and Chi Mei
Optoelectronics (CMO) will likely report sequential sales growth of more than 5%
and set records again in June, according to the Chinese-language Commercial
Times.

Shipments of the two panel makers are to grow 5-7% sequentially during
the period, the paper noted.

With shipments growing on increased sales prices and increased margins...what's not to like?

The next article is titled "Strong Demand from LCD TVs and Mobile Applications Drives Asia Pacific Flat Panel Display Market". This article details how the industry had revenues of $67 billion in 2006 and predicts growth to $122.8 billion by 2013.

Finally, the last article shows that export orders for Taiwan rose on strong demand for notebooks, PCs, and outsourcing. They might as well said LCD Panels, LCD Panels, & LCD Panels.

The Digitimes article will not last for free for too long. Their site sends it to a subscriber only archive site after only a couple days.