AU Optronics Honored with Thomson Reuters Taiwan Innovation Awards 2012
HSINCHU, Taiwan, Nov. 14, 2012
HSINCHU, Taiwan, Nov. 14, 2012 /PRNewswire/ -- AU Optronics Corp. ("AUO" or
the "Company") (TAIEX: 2409; NYSE: AUO) today announced that it has been
honored with Thomson Reuters Taiwan Innovation Awards 2012. The Award is
organized by the Intellectual Property & Science business of Thomson Reuters,
the world's leading source of intelligent information for businesses and
professionals. Four metrics were used to assess the level of innovation of
candidate companies, including size of patent portfolio, success rate, extent
of globalization, and influence of innovation. AU Optronics Corp. was
selected as one of the top five innovative companies in Taiwan. This affirms
the Company's excellent achievements in technology R&D and innovative patent
"We are much honored to gain Thomson Reuters Taiwan Innovation Awards 2012,"
said Mr. Paul SL Peng, President of AU Optronics. "AUO has long dedicated
itself to the research and development of innovative technologies. We utilize
the self-developed patents to continuously increase company competitiveness
and assets value. The complete patent portfolio is able to support the various
news products innovation, and establish a benchmark for the enterprise to
constantly advance its technological research and development. "
"Thomson Reuters Taiwan Innovation Awards 2012" is conducted by the
Intellectual Property & Science business of Thomson Reuters for the first time
to recognize the most innovative enterprises and academic institutions
headquartered in Taiwan for their innovation in Research & Development (R&D).
Five corporations and five academic organizations received this recognition,
and AU Optronics was among the top five corporations.
"Patent research and analysis from Thomson Reuters reveals that AU Optronics
is a leading innovator in its field, and has therefore been selected as one of
the five Corporate sector recipients of the Thomson Reuters Taiwan Innovation
Awards 2012," said Mr. Bob Stembridge, expert patent analyst and manager,
customer relations, Intellectual Property & Science business of Thomson
Reuters. "Our research shows that AU Optronics has a large portfolio of
innovative inventions protected in global markets such as US and China as well
as the Taiwan domestic market. According to our analysis, their innovation is
influential in stimulating further technical development with over 40% of
their portfolio being cited by later published patents."
The Award was assessed by the volume of new inventions from Taiwan
organizations published between 2009 and 2011. The Derwent World Patents
Index® (DWPI) database was used to evaluate the candidate organizations by the
number of new unique inventions, ratio of granted patents to all new
inventions, number of new inventions with foreign (non-Taiwan) patents in the
patent portfolio, and frequency of patent citations by other companies in
their technological fields. By using these key performance indices to give a
multi-faceted perspective, the final list was determined to identify the Top
Taiwan Innovators in the Academic and Corporate sectors.
As one of the world's leading providers of optoelectronic products, AUO is a
technology innovator with strong emphasis on R&D for optoelectronics
technologies. Established in 2002 and located in Taiwan's Hsinchu Science
Park, AUO Technology Center is Taiwan's largest R&D facility for
optoelectronics, and currently houses more than 3,200 dedicated R&D engineers.
As of the end of October 2012, AUO has applied for 17,700 patents and obtained
10,100 patents, which places it number one among Taiwan's flat panel industry.
Derwent World Patents Index® (DWPISM) is the world's most trusted source of
patent information, expertly indexed and featuring enhanced titles and
comprehensive abstracts. It provides a record of patents published by 47
patent issuing authorities worldwide to enable a comprehensive picture of
activity to be produced. There are over 20.7 million unique inventions
covering more than 45.2 million patent records in DWPI.
AUO photos can be downloaded at the Company's website:
Any use of photographs must cite the source thereof is from AU Optronics
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is one of the world's leading providers of
optoelectronic solutions. AUO offers a full range of panel sizes and
comprehensive applications ranging from 1.2 inches to 71 inches. Based on its
profound R&D and manufacturing experience, AUO continues to develop advanced
display technologies of the next generation. AUO extended its market to the
green energy industry in 2008. By building a vertically integrated
high-efficiency solar value chain, AUO provides its customers with
high-efficiency solar solutions. AUO now houses a staff of more than 45,000
employees, with global operations in Taiwan, Mainland China, the U.S., Japan,
South Korea, Singapore, the Netherlands, Czech and Slovakia. Additionally, AUO
is the first pure TFT-LCD manufacturer to be successfully listed at the New
York Stock Exchange (NYSE). AUO has also been named to Dow Jones
Sustainability World Index for three consecutive years from 2010 to 2012. AUO
generated NT$379.7 billion (US$ 12.54 billion) in sales revenue in 2011. For
more information, please visit AUO.com.
* 2011 year end revenue converted at an exchange rate of NTD30.27:USD1.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global
leader of TFT-LCD panels, today announced the above news. Except for
statements in respect of historical matters, the statements contained in this
Release are "forward-looking statements" within the meaning of Section 27A of
the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. These forward-looking statements were based on our
management's expectations, projections and beliefs at the time regarding
matters including, among other things, future revenues and costs, financial
performance, technology changes, capacity, utilization rates, yields, process
and geographical diversification, future expansion plans and business
strategy. Such forward looking statements are subject to a number of known and
unknown risks and uncertainties that can cause actual results to differ
materially from those expressed or implied by such statements, including risks
related to the flat panel display industry, the TFT-LCD market, acceptance of
and demand for our products, technological and development risks, competitive
factors, and other risksdescribed in the section entitled "Risk Factors" in
our Form 20-F filed with the United States Securities and Exchange Commission
on April 27th, 2012.
SOURCE AU Optronics Corporation
Contact: Freda Lee, +886-3-5008800 ext 3206, or firstname.lastname@example.org, or Yawen
Hsiao, +886-3-5772730, or email@example.com, both of the Corporate
Communications Division of AU Optronics Corp.
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