Full Transcript of AU Optronics’ 3Q05 Conference Call — Prepared Remarks (AUO)

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Earnings Call Excerpt

Here’s the entire text of the prepared remarks from AU Optronics’ (ticker: AUO) Q3 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Julie Chen, Senior Manager of Finance
HB Chen, President and COO
Hui Hsiung, Executive VP
Max Cheng, CFO and VP

Analysts:

CJ Muse, Lehman Brothers, Analyst
Hash, Peterman, Analyst
Matthew Smith, CIBC, Analyst
Ivan Gull, Analyst
Frank Yuan, Morgan Stanley, Analyst
Nick Teal, Macquarie Security, Analyst
Chung Ho Ong, SG Asset Management, Analyst
Ash Fish, Tigermann, Analyst
Helen Hope, Goldman Sachs - Analyst

Presentation

Operator

Good day Ladies and Gentlemen and welcome to AU Optropnics Corporation Third Quarter 2005 Results Conference Call. The Conference Call will be recorded and webcasted at the request of AUO, any objections please hang up now. A copy of the presentation for AUO third quarter 2005 results announcement can be found and downloaded from its website at www.auo.com under Investors.

Operator Instructions

I would now like to turn the presentation over to your host of today's call, Miss Julie Chen. You may go ahead, ma'am.

Julie Chen, Senior Manager of Finance

Thank you. Good morning and good evening to all participants. This is Julie Chen, Senior Manager of Finance for AUO. Joined with me here we have Mr. HB Chen, our President and COO, Dr. Hui Hsiung, the Executive VP, Mr. Max Cheng, the CFO and VP, Dr. David Su, VP, and Miss Grace Wu, the Senior Manager of AUO.

We will spend the first part of today's conference call reviewing our prepared remarks which correspond to the slides available on our website. Following this, we will open the floor to take your questions.

Now, before we begin, I would like to say that management comments about AUO's current expectations made during this conference call are forward looking statements subject to significant risks and uncertainties, and that actual results may differ materially from those contained in the forward looking statements.

The financial statements we are discussing today have been prepared on a consolidated basis in accordance with accounting principles generally accepted in Taiwan, the IOC GAAP. You should be cautioned that these accounting principles differ in many respects from the U.S. GAAP.

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