FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

July 25, 2006

Commission File Number     001-31335

AU Optronics Corp.
(Translation of registrant’s name into English)

No. 1 Li-Hsin Road 2
Hsinchu Science Park
Hsinchu, Taiwan
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  X   Form 40-F ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
____

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
____

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the

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jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not r equired to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ___ No   X  

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable

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INDEX TO EXHIBITS

Item

1.	Press release entitled, ” AU Optronics Reports 2Q2006 Results”, dated July 25, 2006.
2.	Taiwan Stock Exchange filing entitled, “The Board Resolution to Indirectly Invest in AU Optronics (Xiamen) Corp. ”, dated July 25, 2006.
3.	Investor Conference Materials entitled, “AU Optronics Corp. Second Quarter 2006 Results”, dated July 25, 2006.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AU Optronics Corp.
Date: July 25, 2006	By:	/s/ Max Cheng
		Name:	Max Cheng
		Title:	Chief Financial Officer

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Item 1

		News Release
AU OPTRONICS REPORTS 2Q2006 RESULTS

Second Quarter 2006 Unaudited Consolidated Financial Highlights
•	Revenues decreased 8.1% QoQ to NT$60.90 billion
•	Net income decreased 97.3% QoQ to NT$182 million
•	Earnings per share (basic EPS) of $0.03 per common share (US$0.01 per ADR)
•	Gross margin: 8.5%
•	Operating margin: 2.2%
•	EBITDA margin: 21%

Hsin Chu, Taiwan, July 25, 2006 –

AU Optronics Corp. (“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO) today announced unaudited results for 2Q2006. For the second quarter ended June 30, 2006, AUO’s consolidated revenue totaled NT$60.90 billion (US$1.88 billion*), net income NT$182 million (US$5.63 million), and basic EPS NT$0.03 per common share (US$0.01 per ADR unit). For the first half year ended June 30, 2006, AUO's consolidated revenues totaled NT$127.15 billion (US$3.93 billion), net income NT$6.83 billion (US$0.21 billion), and basic EPS NT$1.12 per common share (US$0.35 per ADS.)

Gross margin for the second quarter declined 8.2 percentage points to 8.5% . This brought operating margin to 2.2% and EBITDA margin to 21%. Mr. Max Cheng, Vice President and Chief Financial Officer of AUO noted that the company’s operation in the second quarter experienced faster and larger than expected declines in Average Selling Price in all product segments. However, 2Q2006 panel shipments are aligned with the Company’s guidance revised on June 6; large-size panel increased 8.1% to 10.1 million while small- and medium-size panel also rose by 14.3% post 18.1 million from last quarter. Panel Average Selling Price by square meter, is weaker than the Company anticipated, declined by about 14% sequentially, directly resulted in the company’s 2Q2006 profit. The higher-than-expected panel pricing declines are mitigated by the reduction of output in response to ease inventory pressure, the best cost control and better product mix.

On a sequential comparison, second quarter revenue declined 8.1% and net income decreased 97.3% . On the year-over-year comparison, second quarter results represent a 31.7% increase in revenue, while net income experienced a 61.3% decrease to NT$182 million.

AUO's Executive Vice President, Dr. Hui Hsiung, also noted that in the second quarter, the ratio of consumer electronics display sales (TV display, mobile device display and audio-video display) was approximately equal to the information technology display sales (desktop display and notebook PC display), reached 48% and 49% respectively. This also reflected AUO’s balanced deployment and well management in terms of the development of its all product segments. Although the industry experienced seasonal weakness true to

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		News Release

form, the shipments of AUO’s all product segments represent increase among the peers. Particularly, the shipments of TV, notebook PC and mobile phone segments all hit historical high for the single quarter.

*Amounts converted by an exchange rate of NTD32.33:USD1 as of June 30, 2006.

Conference Call & Webcast Notice:

AUO’s quarterly review conference call will be held at 8:00 pm Taiwan Time (GMT +8:00) on Tuesday, July 25th, 2006. The conference call will be available via webcast http://www.auo.com

Safe Harbour Notice
AU Optronics Corp. (“AUO” or the “Company”) (TAIEX: 2409; NYSE: AUO), the world’s third largest manufacturer of large-size TFT-LCD panels, today announced its unaudited consolidated results of operations for 2Q 2006. 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 and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form F-3 filed with the United States Securities and Exchange Commission on July 8th, 2005.

ABOUT AU OPTRONICS

AU Optronics Corp. (“AUO”) is the world’s third largest manufacturer* of large-size thin film transistor liquid crystal display panels (“TFT-LCD”), with approximately 15.1%* of global market share and generated revenue of NT$217.4billion (US$6.75 bn)* in 2005. TFT-LCD technology is currently the most widely used flat panel display technology. Targeted for 40”+ sized LCD TV panels, AUO’s next generation (7.5 -Generation ) fabrication facility production is scheduled for mass production in 4Q 2006. The Company currently operates one 6th-generation, three 5th-generation, one 4th-generation, and three 3.5 -generation TFT- LCD fabs, in addition to four module assembly facilities and AUO Technology Center specializing in new technology platform and new product development. AUO is one of few top-tier TFT-LCD manufacturers capable of offering a wide range of small- to large- size (1.5” -46”) TFT-LCD panels, which enables it to offer a broad and diversified product portfolio.

*As shown on DisplaySearch Quarterly Large-Area TFT-LCD Shipment Report dated June, 2006. This data is used as reference only and AUO does not make any endorsement or representation in connection therewith. 2005 year end revenue converted by an exchange rate of NTD32.2039:USD1.

#           #           #

FOR MORE INFORMATION

Yawen Hsiao
Corporate Communications Dept.
AU Optronics Corp.
No.1, Li-Hsin Road 2, Science-Based Industrial Park, Hsinchu City, 300, Taiwan, R.O.C.
Tel: +886-3-5008899 ext 3211           Fax: +886-3-5772730           Email: yawen.hsiao@auo.com

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Item 2

AU Optronics Corp.
July 25, 2006
English Language Summary

Subject:	The Board resolution to indirectly invest in AU Optronics (Xiamen) Corp.
Regulation:	Published pursuant to Article 2-20 of the Taiwan Stock Exchange’s Operating Procedures for the Publication of Material Information by Listed Companies
Date of events: 2006/07/25
Content:

1.	Date of occurrence of the event: 2006/07/25
2.	Method of the present increase (decrease) in investment: Indirect investment through an offshore entity
3.	Transaction volume, price per unit, and total monetary amount of the transaction: US$ 100 million
4.	Company name of the invested mainland Chinese company: AU Optronics (Xiamen) Corp.
5.	Paid-in capital of said invested mainland Chinese company: US$ 50 million
6.	Amount of new capital increment currently planned by said invested mainland Chinese company: US$ 100 million
7.	Main business items of said invested mainland Chinese company: The production and assembly of TFT-LCD modules

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8.	Type of CPA opinion issued for the financial statement of said invested mainland Chinese company for the most recent fiscal year: N/A
9.	Net worth of said invested mainland Chinese company on the financial statement for the most recent fiscal year: N/A
10.	Amount of profit/loss of said invested mainland Chinese company on the financial statement for the most recent fiscal year: N/A
11.	Amount of actual investment to date in said invested mainland Chinese company: US$ 50 million
12.	Counterparty to the transaction and its relationship to the Company: the Company’s subsidiary
13.	Where the counterparty to the transaction is an actual related party, public announcement shall also be made of the reason for choosing the related party as the counterparty and the identity of the previous owner (including its relationship with the company and the trading counterpart), the date of transfer, and the price: N/A
14.	Where a person who owned the subject matter of the transaction within the past five years has been an actual related party of the company, public announcement shall also be made of the dates and prices of acquisition and disposal by the related party and such party's relationship to the company at those times: N/A
15.	Gain (or loss) on disposal: N/A
16.	Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: N/A

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17.	The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: N/A
18.	Broker: N/A
19.	Concrete purpose of the acquisition or disposal: Long term investment
20.	Do the directors have any objection to the present transaction?: No
21.	Total amount of mainland China area investment (including the present investment) approved by the Investment Commission to date: US$ 401.5 million; the present investment of US$100 million hasn't been filed with the Investment Commission for approval.
22.	Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the paid-in capital on the financial statement for the most recent period: 22.47%
23.	Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the total assets on the financial statement for the most recent period: 4.04%
24.	Ratio of the total amount of investment (including the present investment) in the mainland China area approved by the Investment Commission to date to the shareholders’ equity on the financial statement for the most recent period: 8.07%
25.	Total amount of actual investment in the mainland China area to date: US$ 301.5 million

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26.	Ratio of the total amount of actual investment in the mainland China area to date to the paid-in capital on the financial statement for the most recent period: 16.87%
27.	Ratio of the total amount of actual investment in the mainland China area to date to the total assets on the financial statement for the most recent period: 3.03%
28.	Ratio of the total amount of actual investment in the mainland China area to date to the shareholders’ equity on the financial statement for the most recent period: 6.06%
29.	Amount of recognized profits and losses on investment in the mainland China area for the most recent three fiscal years:      Recognized profits/(losses):      2005: US$22,706 thousand      2004: US$28,120 thousand      2003: US$18,890 thousand
30.	Amount of profit remitted back to Taiwan for the most recent three fiscal years: 0
31.	Has the CPA issued an opinion on the unreasonableness of the price of the current transaction?: No
32.	Any other matters that need to be specified: N/A

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Item 3

AU Optronics Corp. Second Quarter 2006 Results Investor Conference July 25, 2006 1

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Safe Harbor Notice The statements included in this presentation that are not historical in nature are "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934. These forward-looking statements, which may include statements regarding AU Optronics' future results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on AU Optronics' current expectations. Actual results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including, among other things: the cyclical nature of our industry; our dependence on introducing new products on a timely basis; our dependence on growth in the demand for our products; our ability to compete effectively; our ability to successfully expand our capacity; our dependence on key personnel; general economic and political conditions, including those related to the TFT-LCD industry; possible disruptions in commercial activities caused by natural and human-induced disasters, including terrorist activity and armed conflict; and fluctuations in foreign currency exchange rates. In addition, any financial information contained herewithin is presented in conformity with accounting principles generally accepted in the Republic of China ("ROC GAAP"). Readers should be cautioned that these accounting principles differ in many material respects from accounting principles generally accepted in the United States of America ("US GAAP"). Our release of financial forecasts and forward-looking statements at any particular time does not create any duty of disclosure beyond that which is imposed by law, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking statements, whether as a result of new information, future events or otherwise. Additional information as to these and other factors that may cause actual results to differ materially from AU Optronics' forward-looking statements or some of the major differences between ROC GAAP and US GAAP can be found in AU Optronics' Annual Report on Form 20-F with respect to the year ended December 31, 2005 filed with the United States Securities and Exchange Commission. 2

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Consolidated Income Statement Amount: NT$ Million Except Per Share Data 2Q'06(a) 1Q'06(a) QoQ % 2Q'05(a) ------------------------------------------------------------------------ Net Sales 60,896 100.0% 66,252 100.0% (8.1%) 46,247 100.0% Cost of Goods Sold (55,702) (91.5%) (55,179) (83.3%) 0.9% (43,084) (93.2%) ------------------------------------------------------------------------ Gross Profit 5,194 8.5% 11,073 16.7% (53.1%) 3,163 6.8% Operating Expenses (3,828) (6.3%) (3,125) (4.7%) 22.5% (2,631) (5.7%) ------------------------------------------------------------------------ Operating Income (Loss) 1,366 2.2% 7,948 12.0% (82.8%) 532 1.1% Net Non-operating Income (Expense) (1,045) (1.7%) (694) (1.0%) 50.7% (64) (0.1%) ------------------------------------------------------------------------ Income (Loss) before Tax 321 0.5% 7,254 10.9% (95.6%) 467 1.0% Income Tax Benefit (Expense) (141) (0.2%) (566) (0.9%) (75.1%) 0 0.0% Changes in Accounting Principle(d) (0) (0.0%) (39) (0.1%) - 0 0.0% Minority Interest in Net Loss (Income) 1 0.0% 0 0.0% - 3 0.0% ------------------------------------------------------------------------ Net Income (Loss) 182 0.3% 6,650 10.0% (97.3%) 470 1.0% ------------------------------------------------------------------------ Basic EPS (NT$)(b) 0.03 1.09 - 0.08 -------------------------------------------------------------------------------------------------------------- Operating Income + D&A 12,782 21.0% 18,495 27.9% (30.9%) 8,505 18.4% -------------------------------------------------------------------------------------------------------------- Unit Shipments (MN)(c) Large Size Panels 10.1 9.4 8.1% 7.0 Small & Medium Size Panels 18.1 15.8 14.3% 11.8 -------------------------------------------------------------------------------------------------------------- (a) Unaudited, prepared by AU Optronics Corp. on a consolidated basis (b) Basic EPS were calculated based on total weighted average outstanding shares of 6,094 million shares, 6,094 million shares and 5,737 million shares respectively for 2Q'06, 1Q'06 and 2Q'05, including retroactive adjustment of stock dividend and stock bonus (c) Large size refers to panels that are 10 inches and above (d) Cumulative effect on adoption of SFAS No. 34 3

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Consolidated Balance Sheet Highlights Amount: NT$ Million 2Q'06 (a) 1Q'06 (a) QoQ% 2Q'05 (a) ------------------------------------------------ Cash & ST Investment 21,813 25,907 (15.8%) 18,100 Inventory 25,618 22,693 12.9% 15,009 Short Term Debt(b) 15,038 9,815 53.2% 12,190 Long Term Debt 87,156 87,761 (0.7%) 74,880 Equity 160,679 162,586 (1.2%) 122,259 Total Assets 338,903 335,106 1.1% 266,738 ------------------------------------------------------------------------------- Inventory Turnover (Days)(c) 40 35 32 Debt to Equity 63.6% 60.0% 71.2% Net Debt to Equity 51.1% 45.2% 57.7% ------------------------------------------------------------------------------- (a) Unaudited, prepared by AU Optronics Corp. on a consolidated basis (b) Short term debt refers to all interest bearing debt maturing within one year (c) Annualized, calculated by dividing the average inventory into the cost of goods sold during such period, then multiplying by 365 days 4

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Consolidated Cash Flow Highlights Amount : NT$ Million 2Q'06 (a) 1Q'06 (a) QoQ ---------------------------------------- From Operating Activities 15,340 13,426 1,914 Net Profit 180 6,650 (6,469) Depreciation & Amortization 11,416 10,547 869 Net Change in Working Capital 2,336 (3,573) 5,909 ------------------------------------------------------------------------ From Investing Activities (24,224) (19,578) (4,647) Capital Expenditure (23,821) (18,989) (4,832) ------------------------------------------------------------------------ From Financing Activities 4,732 3,897 835 Debt 4,615 (1,103) 5,718 Bond 0 5,000 (5,000) (a) Unaudited, prepared by AU Optronics Corp. on a consolidated basis 5

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Consolidated Revenues by Application - Unaudited, prepared by AU Optronics Corp. on a consolidated basis 6

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Consolidated Large Panel Shipments & Blended ASP - Unaudited, prepared by AU Optronics Corp. on a consolidated basis - Large size refers to panels that are 10 inches and above - Blended ASP in US dollars were translated from NT$ based on average exchange rates announced by Directorate General of Customs, ROC Ministry of Finance of each respective quarter 7

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Consolidated Large Panel Shipments & ASP by Unit - Unaudited, prepared by AU Optronics Corp. on a consolidated basis - Large size refers to panels that are 10 inches and above - Blended ASP in US dollars were translated from NT$ based on average exchange rates announced by Directorate General of Customs, ROC Ministry of Finance of each respective quarter 8

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Consolidated Shipments & ASP by Area - Unaudited, prepared by AU Optronics Corp. on a consolidated basis - ASP per square meter in US dollars were translated from NT$ based on the noon buying rate of each respective quarter 9

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Consolidated Small & Medium Panel Shipments & Revenues - Unaudited, prepared by AU Optronics Corp. on a consolidated basis - Small & Medium size refers to panels that are under 10 inches 10

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Capacity by Fab -------------------------------------------------------------------------------- Substrate 6/2006 9/2006(F) 12/2006(F) Fab Size (mm) Capacity (a) Capacity (a) Capacity (a) -------------------------------------------------------------------------------- 5,000 LTPS 5,000 LTPS 20,000 LTPS L3A/B(G3.5) 610 x 720 65,000 a-Si 65,000 a-Si 40,000 a-Si L3C(G3.5) 600 x 720 60,000 60,000 60,000 L3D (G3.5)(b) 625 x 750 - - 50,000 L4A(G4.0) 680 x 880 60,000 60,000 60,000 L5A(G5.0) 1100 x 1250 50,000 50,000 50,000 L5B(G5.0) 1100 x 1300 70,000 70,000 70,000 L5C(G5.0) 1100 x 1300 60,000 105,000 120,000 L5D (G5.0)(b) 1100 x 1250 - - 70,000 L6A(G6.0) 1500 x 1850 100,000 120,000 120,000 L6B (G6.0)(b) 1500 x 1850 - - 60,000 L7A(G7.5) 1950 x 2250 - - 10,000 -------------------------------------------------------------------------------- (a) Capacity based on monthly glass substrate (b) QDI's facilities 11

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www.auo.com ir@auo.com 12

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AU OPTRONICS CORP.
CONSOLIDATED BALANCE SHEET
June 30, 2006 and 2005
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) )

		June 30, 2006									June 30, 2005						YoY
ASSETS		USD			NTD			%			NTD			%			Change			%
Cash and Cash Equivalents		620			20,036			5.9			16,513			6.2			3,523			21.3
Short-term Investment		55			1,776			0.5			1,587			0.6			190			12.0
Notes & Accounts Receivables		1,080			34,906			10.3			27,761			10.4			7,144			25.7
Inventories		792			25,618			7.6			15,009			5.6			10,609			70.7
Other Current Financial Assets		18			572			0.2			506			0.2			66			13.0
Other Current Assets		146			4,732			1.4			1,989			0.7			2,744			138.0
Total Current Assets		2,711			87,640			25.9			63,365			23.8			24,275			38.3
Long-term Investments		148			4,770			1.4			5,625			2.1			(856	)		(15.2	)
Fixed Assets		10,891			352,108			103.9			264,606			99.2			87,501			33.1
Less Accumulated Depreciation		(3,513	)		(113,582	)		(33.5	)		(75,019	)		(28.1	)		(38,563	)		51.4
Net Fixed Assets		7,378			238,526			70.4			189,587			71.1			48,938			25.8
Other Assets		246			7,968			2.4			8,160			3.1			(192	)		(2.4	)
Total Assets		10,483			338,903			100.0			266,738			100.0			72,165			27.1
LIABILITIES
Short-term Borrowings		6			200			0.1			3,679			1.4			(3,479	)		(94.6	)
Accounts Payable		1,520			49,132			14.5			34,765			13.0			14,366			41.3
Current Installments of Long-term Liabilities		459			14,838			4.4			8,511			3.2			6,327			74.3
Current Financial Liabilities		12			392			0.1			0			0.0			392			-
Other Current Liabilities		808			26,115			7.7			22,429			8.4			3,686			16.4
Total Current Liabilities		2,805			90,676			26.8			69,384			26.0			21,292			30.7
Long-term Borrowings		2,201			71,156			21.0			62,880			23.6			8,276			13.2
Bonds Payable		495			16,000			4.7			12,000			4.5			4,000			33.3
Non Current Financial Liabilities		8			252			0.1			0			0.0			252			-
Other Liabilities		4			140			0.0			215			0.1			(74	)		(34.6	)
Total Liabilities		5,513			178,224			52.6			144,479			54.2			33,746			23.4
SHAREHOLDERS' EQUITY
Common Stock		1,885			60,941			18.0			55,005			20.6			5,935			10.8
Capital Surplus		1,784			57,679			17.0			45,165			16.9			12,514			27.7
Retained Earnings		1,290			41,720			12.3			22,547			8.5			19,173			85.0
Cumulative Translation Adjustment		2			61			0.0			(241	)		(0.1	)		302			(125.1	)
Treasury Stock		0			0			0.0			(251	)		(0.1	)		251			(100.0	)
Unrealized Gain/Loss on Financial Products		(2	)		(62	)		(0.0	)		0			0.0			(62	)		-
Minority Interest		11			341			0.1			34			0.0			307			899.2
Total Stockholders' Equity		4,970			160,679			47.4			122,259			45.8			38,420			31.4
Total Liabilities & Stockholders' Equity		10,483			338,903			100.0			266,738			100.0			72,165			27.1

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amount in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.33 per US dollar as of June 30, 2006

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AU OPTRONICS CORP.
CONSOLIDATED INCOME STATEMENT
For the Three Months Ended June 30, 2006 and 2005 and March 31, 2006
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) except for per share amounts and shares outstanding)

		Year over Year Comparison															Sequential Comparison
		2Q 2006 USD			2Q 2006 NTD			% of Sales			2Q 2005 NTD			YoY Chg %			2Q 2006 USD			2Q 2006 NTD			% of Sales			2Q 2006 NTD			QoQ Chg %
Net Sales		1,884			60,896			100.0			46,247			31.7			1,884			60,896			100.0			66,252			(8.1	)
Cost of Goods Sold		1,723			55,702			91.5			43,084			29.3			1,723			55,702			91.5			55,179			0.9
Gross Profit		161			5,194			8.5			3,163			64.2			161			5,194			8.5			11,073			(53.1	)
Operating Expenses
SG&A		89			2,891			4.7			1,116			159.0			89			2,891			4.7			1,584			82.6
R&D		29			936			1.5			1,515			(38.2	)		29			936			1.5			1,542			(39.3	)
		118			3,828			6.3			2,631			45.5			118			3,828			6.3			3,125			22.5
Operating Income (Loss)		42			1,366			2.2			532			156.9			42			1,366			2.2			7,948			(82.8	)
Net Non-Operating Income    (Expense)		(32	)		(1,045	)		(1.7	)		(64	)		1521.1			(32	)		(1,045	)		(1.7	)		(694	)		50.7
Income before Income Tax		10			321			0.5			467			(31.3	)		10			321			0.5			7,254			(95.6	)
Income Tax Benefit (Expense)		(4	)		(141	)		(0.2	)		0			¡Ð			(4	)		(141	)		(0.2	)		(566	)		(75.1	)
Changes in Principle		0			(0	)		(0.0	)		0			¡Ð			0			(0	)		(0.0	)		(39	)		¡Ð
Minority interest in net loss       (income)		0			1			0.0			3			(42.3	)		0			1			0.0			0			¡Ð
Net Income (loss)		6			182			0.3			470			(61.3	)		6			182			0.3			6,650			(97.3	)
Basic Earnings Per Share		0.00			0.03						0.08						0.00			0.03						1.09
Basic Earnings Per A DS(3)		0.01			0.30						0.82						0.01			0.30						10.91
Weighted Average Number					6,094						5,737									6,094						6,094
of Shares Outstanding (Million)

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amounts in New Taiwan dollars were translated into U.S. dollars at the exchange rate of NT$32.33 per US dollar as of June 30, 2006
	(3)	1 ADR equals 10 common shares

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AU OPTRONICS CORP.
CONSOLIDATED STATEMENT OF CASH FLOWS
For the Six Months Ended June 30, 2006 and 2005
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD))

		1H 2006						1H 2005
		USD			NTD			NTD
Cash Flows from Operating Activities:
Net Income (Loss)		211			6,830			(1,662	)
Depreciation & Amortization		679			21,963			15,329
Provision for Inventory Devaluation		35			1,121			52
Investment Loss under Equity Method		16			512			169
Disposal Gain on Long-term Investment		(1	)		(25	)		(106	)
Changes in Working Capital & Others		(51	)		(1,635	)		456
Net Cash Provided by Operating Activities		890			28,767			14,239
Cash Flows from Investing Activities:
Acquisition of Property, Plant and Equipment		(1,324	)		(42,810	)		(42,174	)
Proceeds from Disposal of Property, Plant and Equipment		0			8			20
Increase in Long-term Equity Investments		(6	)		(202	)		(76	)
Proceeds from Disposal of Long-term Investment		3			102			297
Increase in Restricted Cash in Bank		0			0			(3	)
Increase in Intangible Assets		(28	)		(910	)		(1,741	)
Decrease in Other Assets		0			10			752
Net Cash Used in Investing Activities		(1,355	)		(43,802	)		(42,924	)
Cash Flows from Financing Activities:
Increase (Decrease) in Short-term Borrowings		6			200			(2,504	)
Increase in Guarantee Deposits		0			0			1
Increase in Long-term Borrowings		102			3,312			23,916
Issuance of Common Stock for Cash		0			0			0
Issuance of Bonds		155			5,000			6,000
Change in Minority Interest		4			117			0
Net Cash Provided by Financing Activities		267			8,629			27,413
Effect of Exchange Rate Change on Cash		6			179			(13	)
Net Increase (Decrease) in Cash and Cash Equivalents		(193	)		(6,227	)		(1,284	)
Cash and Cash Equivalents at Beginning of Period		812			26,263			17,798
Cash and Cash Equivalents at End of Period		620			20,036			16,513

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amounts in New Taiwan dollars were translated into U.S. dollars at the exchange rate of NT$32.33 per US dollar as of June 30, 2006

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     AU OPTRONICS CORP.
UNCONSOLIDATED BALANCE SHEET
June 30, 2006 and 2005
(Expressed in Millions of New Taiwan Dollars (NTD) and US Dollars (USD))

		June 30, 2006									June 30, 2005						YoY
ASSETS		USD			NTD			%			NTD			%			Change			%
Cash and Cash Equivalents		419			13,551			4.2			15,032			5.8			(1,481	)		(9.9	)
Short-term Investments		55			1,776			0.5			1,587			0.6			189			12.0
Notes & Accounts Receivable		1,081			34,954			10.7			27,750			10.8			7,204			26.0
Other Current Financial Assets		15			496			0.2			500			0.2			(4	)		(0.8	)
Inventories		730			23,616			7.2			12,997			5.0			10,619			81.7
Other Current Assets		145			4,680			1.4			1,946			0.8			2,734			140.5
Total Current Assets		2,446			79,075			24.3			59,811			23.2			19,264			32.2
Long-term Investments		470			15,181			4.7			11,449			4.4			3,733			32.6
Fixed Assets		10,263			331,803			101.8			250,306			97.2			81,498			32.6
Less Accumulated Depreciation		(3,335	)		(107,824	)		(33.1	)		(71,939	)		(27.9	)		(35,885	)		49.9
Net Fixed Assets		6,928			223,979			68.7			178,367			69.3			45,612			25.6
Other Assets		235			7,583			2.3			7,798			3.0			(214	)		(2.8	)
Total Assets		10,078			325,819			100.0			257,425			100.0			68,394			26.6
LIABILITIES
Short-term Borrowing		6			200			0.1			3,300			1.3			(3,100	)		(93.9	)
Accounts Payable		1,436			46,416			14.2			32,195			12.5			14,221			44.2
Current Installments of Long-term Liabilities		384			12,424			3.8			7,027			2.7			5,397			76.8
Current Financial Liabilities		12			386			0.1			0			0.0			386			-
Other Current Liabilities		766			24,781			7.6			21,340			8.3			3,441			16.1
Total Current Liabilities		2,605			84,206			25.8			63,861			24.8			20,345			31.9
Long-term Borrowings		2,007			64,888			19.9			59,126			23.0			5,762			9.7
Bonds Payable		495			16,000			4.9			12,000			4.7			4,000			33.3
Non Current Financial Liabilities		8			252			0.1			0			0.0			252			-
Other Long-term Liabilities		4			135			0.0			212			0.1			(78	)		(36.6	)
Total Liabilities		5,118			165,480			50.8			135,200			52.5			30,281			22.4
SHAREHOLDERS' EQUITY
Common Stock		1,885			60,941			18.7			55,005			21.4			5,935			10.8
Capital Surplus		1,784			57,679			17.7			45,165			17.5			12,514			27.7
Retained Earnings		1,290			41,720			12.8			22,547			8.8			19,173			85.0
Cumulative Translation Adjustment		2			61			0.0			(241	)		(0.1	)		302			-
Treasury Stock		0			0			0.0			(251	)		(0.1	)		251			(100.0	)
Unrealized Gain/Loss on Financial Products		(2	)		(62	)		0.0			0			0.0			(62	)		-
Total Stockholders' Equity		4,959			160,339			49.2			122,225			47.5			38,113			31.2
Total Liabilities & Stockholders' Equity		10,078			325,819			100.0			257,425			100.0			68,394			26.6

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amounts in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.33 per US dollar as of June 30, 2006

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     AU OPTRONICS CORP.
UNCONSOLIDATED INCOME STATEMENT
For the Three Months Ended June 30, 2006 and 2005 and March 31, 2006
(Expressed in Millions of New Taiwan Dollars (NTD) and U.S. Dollars (USD) except for per share amounts and shares outstanding)

		Year over Year Comparison															Sequential Comparison
		2Q 2006 USD			2Q 2006 NTD			% of Sales			2Q 2005 NTD			YoY Chg %			2Q 2006 USD			2Q 2006 NTD			% of Sales			2Q 2006 NTD			QoQ Chg %
Net Sales		1,883			60,880			100.0			46,214			31.7			1,883			60,880			100.0			66,241			(8.1	)
Cost of Goods Sold		1,739			56,210			92.3			43,524			29.1			1,739			56,210			92.3			55,439			1.4
Gross Profit		144			4,670			7.7			2,691			73.6			144			4,670			7.7			10,802			(56.8	)
Operating Expenses
SG&A		79			2,563			4.2			774			231.2			79			2,563			4.2			1,319			94.4
R&D		29			924			1.5			1,505			(38.6	)		29			924			1.5			1,531			(39.6	)
		108			3,487			5.7			2,279			53.0			108			3,487			5.7			2,850			22.4
Operating Income (Loss)		37			1,183			1.9			411			187.5			37			1,183			1.9			7,952			(85.1	)
Net Non-Operating Income    (Expense)		(27	)		(877	)		(1.4	)		58			-			(27	)		(877	)		(1.4	)		(709	)		23.6
Income before Income Tax		9			307			0.5			470			(34.7	)		9			307			0.5			7,243			(95.8	)
Income Tax Benefit (Expense)		(4	)		(125	)		(0.2	)		0			-			(4	)		(125	)		(0.2	)		(554	)		(77.5	)
Changes in Principle		0			0			0.0			0			-			0			0			0.0			(39	)		-
Net Income		6			182			0.3			470			(61.3	)		6			182			0.3			6,650			(97.3	)
Retroactively adjusted:
Basic Earnings Per Share		0.00			0.03						0.08						0.00			0.03						1.09
Basic Earnings Per ADS(3)		0.01			0.30						0.82						0.01			0.30						10.91
Weighted Average Number
of Shares Outstanding (Million)					6,094						5,737									6,094						6,094

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amounts in New Taiwan dollars were translated into U.S. dollars at the exchange rate of NT$32.33 per US dollar as of June 30, 2006
	(3)	1 ADR equals 10 common shares

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AU OPTRONICS CORP.
UNCONSOLIDATED STATEMENT OF CASH FLOWS
For the Six Months Ended June 30, 2006 and 2005
(Expressed in Millions of New Taiwan dollars (NTD) and US dollars (USD))

		1H 2006						1H 2005
		USD			NTD			NTD
Cash Flows from Operating Activities:
Net Income (Loss)		211			6,832			(1,659	)
Depreciation & Amortization		638			20,620			14,307
Provision for Inventory Devaluation		30			980			23
Investment Loss (Gain) under Equity Method		14			448			(385	)
Disposal Gain on Long-term Investment		0			0			(106	)
Changes in Working Capital & Others		(50	)		(1,624	)		759
Net Cash Provided by Operating Activities		843			27,257			12,939
Cash Flows from Investing Activities:
Acquisition of Property, Plant and Equipment		(1,234	)		(39,905	)		(40,721	)
Proceeds from Disposal of Property, Plant and Equipment		1			43			169
Increase in Long-term Equity Investments		(119	)		(3,847	)		(300	)
Proceeds from Disposal of Long-term Investment		0			0			297
Increase in Restricted Cash in Bank		0			0			(3	)
Increase in Intangible Assets		(28	)		(906	)		(1,722	)
Decrease in Other Assets		1			30			730
Net Cash Used in Investing Activities		(1,379	)		(44,584	)		(41,550	)
Cash Flows from Financing Activities:
Decrease (Increase) in Short-term Borrowings		6			200			(2,500	)
Decrease in Guarantee Deposits		(0	)		(0	)		(0	)
Increase in Long-term Borrowings		28			894			23,710
Issuance of Bonds		155			5,000			6,000
Decrease in Treasury Stock		0			0			0
Net Cash Provided by Financing Activities		188			6,094			27,210
Effect of Exchange Rate Change on Cash		4			118			(96	)
Net Increase (Decrease) in Cash and Cash Equivalents		(344	)		(11,116	)		(1,496	)
Cash and Cash Equivalents at Beginning of Period		763			24,667			16,529
Cash and Cash Equivalents at End of Period		419			13,551			15,032

Note:	(1)	Unaudited, prepared by AU Optronics Corp. based on ROC GAAP
	(2)	Amounts in New Taiwan dollars were translated into US dollars at the exchange rate of NTD 32.33 per US dollar as of June 30, 2006

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