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AUO 1Q09 loss narrows; expects significant improvement to 2Q09 utilization

Rodney Chan, DIGITIMES, Taipei 0

AU Optronics (AUO) has announced that its first-quarter consolidated losses narrowed to NT$20.22 billion (US$597 million) from NT$26.6 billion seen in the fourth quarter, thanks to stabilizing prices, cost and inventory control, and better-than-expected...

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