Hsinchu, Taiwan,
AUO Corporation ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that it is honored with 2009 / 2010 Ocean Tomo 300® Patent Index. It wins high recognition for the Company's achievements and dedication to patents development. The Ocean Tomo Patent ratings system calculates a company's innovation ratio, the value of their patent portfolio divided by total corporate book value. As of November 2009, AUO has successfully obtained nearly 6,000 patents while 5,500 patents applications are in progress. With the great achievement in patents, AUO is in top ranking of the patent applications number in Taiwan's flat panel display industry.
As the TFT-LCD industry is characterized by rapid technological changes, AUO believes that effective research and development is essential to the success and aims to offer the clients the total solutions with innovative technology. In 2002, AUO has established its research center “AUO Technology Center” (ATC). It is not only the largest optronics research center in Taiwan, but also one of the specialized research centers in flat display technology globally. AUO has extended its R&D focus to green energy technology lately. Currently, AUO has a core force of more than 1,700 dedicated R&D engineers.
According to Ocean Tomo 300® Patent Index, corporate value will depend on intangible assets in the future—nearly eighty percent of corporate value resides in intangible assets while tangible assets comprised around twenty percent. AUO has devoted a lot of efforts to patent development and been aggressively increasing its quality and quantity in intellectual property, which gives the Company advantages over the competitors in this industry.
“We're extremely honored to be selected as a constituent of 2009 / 2010 Ocean Tomo 300® Patent Index.” Dr. L. J. Chen, President and CEO of AUO, said, “We will certainly continue to integrate development resource and reinforce the advanced technology development, maintain the leading advantages in flat display industry and maximize our customers and shareholders' benefits by offering the high added-value products.”
Ocean Tomo 300® Patent Index, announced by Ocean Tomo, LLC and the American Stock Exchange, is the industry's first index based on the value of intellectual property, and represents a diversified portfolio of 300 companies that own the most valuable patents relative to their book value. From its inception in January 2007 through October 31, 2009, the Ocean Tomo 300® Patent Index has outperformed the S&P 500 by 10.02%. It is recognized by the American Stock Exchange as the first major, broad-based market equity index to be launched, following the progression from the Dow Jones Industrial Average in 1896, to the Standard & Poor's 500 in 1957 and then to the NASDAQ Composite Index in 1971. It is well known as one of the most essential economic index as NASDAQ Composite Index in the knowledge economy period (1970 until now).