AUO expects its sales to remain flat sequentially in the third quarter despite the period being the traditional strong season as the US and China's trade tensions continue creating uncertainties to the market, but AUO has already started pushing for business diversification in a bid to keep up its revenue and profit performances. On the other hand, Taiwan's PCB makers have seen Huawei increasing its order pull-in for smartphones.
AUO gives flat outlook for 3Q19: AU Optronics (AUO) expects its sales for the third quarter of 2019 to remain at the same levels as a quarter earlier because there is uncertainty about demand in the traditional high season due to the macroeconomic factors, according to company chairman Paul Peng.
AUO looking to diversified operations: Despite incurring a loss of NT$2.68 billion (US$86.23 million) in the second quarter of 2019, AU Optronics (AUO) will continue to implement its value-creating policy by further diversifying its operations, according to company chairman Paul Peng.
Taiwan PCB firms see pull in of Huawei smartphone orders: Taiwan-based PCB manufacturers have seen orders for Huawei's smartphones pull in rapidly, particularly those for high-end models, according to industry sources.