AUO President Frank Ko Presents Online Keynote on “Display Innovations in the New Normal Economy”

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Stay-At-Home Economy, Medical Care and Zero Contact Businesses See Explosive Growth in the Post-Pandemic Era

AUO President & COO Dr. Frank Ko presents an online keynote titled “Display Innovations in the New Normal Economy” at Display Week 2020

Issued by: AU Optronics Corp.
Issued on: August 10, 2020
Hsinchu, Taiwan, August 10, 2020–

At the Display Week 2020 online exhibition, Dr. Frank Ko, AUO President and Chief Operating Officer, delivered an online keynote speech titled “Display Innovations in the New Normal Economy”. According to Ko, the COVID-19 pandemic has not only threatened people’s health but also exerted an adverse impact on areas such as work, consumption, living and industry. The combination of 5G, AI and display innovations will provide a holistic solution in the post-pandemic, new normal economy.

COVID-19 has already brought varying degrees of effect on different industries. The new normal lifestyle has inadvertently fostered the emergence of the stay-at-home economy, medical care and zero contact industries. Ko commented that the outbreak has forced people to stay in the confines of their homes, thereby increasing the need for online shopping, work from home, learn from home, home entertainment and fitness training. With strong R&D capabilities and comprehensive product lineups, AUO is engaged in high value and differentiated technology development for applications in TV, PC, laptop and tablet. These technologies include displays with anti-reflection and anti-glare eye-protection, 8K resolution with a high screen-to-body ratio and bezel-less design, etc. Complemented by micro LED and mini LED, AUO is pushing the envelope of the home entertainment display technology to produce vibrant, spectacular visual enjoyment for creative or entertainment purposes.

As the COVID-19 outbreak deteriorates, Ko elaborated that the demand for medical equipment has also risen. As a leading manufacturer of medical displays, AUO has developed a series of products for ultrasound, imaging, endoscopy and surgery. In conjunction with the company’s manufacturing advantage in TFT, AUO has developed high-quality X-ray sensors, where high-definition, high-contrast and high dynamic range high-end medical displays assist medical professionals in making accurate diagnosis. In the post-pandemic era, how to effectively reduce the risk of person-to-person infection has become a key to outbreak prevention. As a result, business opportunities have emerged in zero-contact services including food delivery, self-driving and drive-through. With comprehensive car display solutions for the dashboard, CID and rearview mirror, AUO has created a more convenient and intuitive driving experience for drivers. On the other hand, high brightness, durable outdoor public displays can cater to zero-contact consumer service needs such as for drive-throughs.

Although the outbreak has physically kept people apart, Ko emphasized that, driven by innovative technologies including 5G, AI and IoT, displays as a core interface have kept families, friends and coworkers connected. Through diverse products and solutions, the aim is to make our lives smarter and endow people with a more convenient, safe and happy life in the new normal economy.

  • Please click the link below to view the online keynote.

https://youtu.be/NSutJFCcU6I

  • AUO photos can be downloaded at the Company’s website:

https://auo.com/en-global/Download_Photos

Any use of photographs must cite the source thereof as AU Optronics Corporation.

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ABOUT AU OPTRONICS
AU Optronics Corp. (“AUO”) is one of the world’s leading providers of optoelectronic solutions. Based on its profound R&D and manufacturing experience, AUO offers a full range of display applications and smart solutions integrating software and hardware, and leverages its core expertise to enter new business areas such as solar, smart retail, general health, circular economy and smart manufacturing service. Additionally, AUO has also been named to the Dow Jones Sustainability World Index since 2010. AUO’s consolidated net revenues in 2019 were NT$268.79 billion. For more information, please visit AUO.com.

Safe Harbour Notice
AU Optronics Corp. (“AUO” or the “Company”), 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 include “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are 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 risks described in the section entitled "Risk Factors" in our Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on March 27, 2020. In addition, our SEC reports, including our Annual Report on Form 20-F contains other information on these and other factors that could affect our financial results and cause actual results to differ materially from any forward-looking information we may provide. We undertake no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances.

For more information, please contact:
Public Communication Dept.
Jessie Lee    Tel: +886-3-5008800 ext 3206    Email : jessie.jc.lee@auo.com
Katie Chen    Tel: +886-3-5008800 ext 3615    Email : katie.chen@auo.com

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Katie Chen
AUO
+886 35008800 Ext: 3615
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Jessie Lee
AUO
+886-3-5008800 3206
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