Epson achieves 30 million sales of 3LCD projectors
The company launched its first 3LCD projector in 1989 and has held the largest unit share for 500 lumens or higher for 19 consecutive years.
Epson has announced that in October 2020 cumulative global sales of its 3LCD projectors reached 30 million units.
The company launched the VPJ-700, its first 3LCD projector, in 1989 and in 1994 released the ELP-3000, a projector that connected to PCs and helped establish the culture of big-screen business presentations.
Epson subsequently developed projectors for diverse fields beyond the office, including the home, education, and commercial facilities. The company has also maintained its position as the world’s leading supplier of projectors for 19 successive years, with the largest unit share of the market for 500-lumen and higher projectors, according to Futuresource.
“We are very proud to reach global projector sales of 30 million units,” said Yasunori Yoshino, COO of Epson’s Visual Products Operations Division. “With the help of our customers, our projectors have realised excellent visual experiences and effective visual communications in business, education, the home, retail and digital art. We couldn’t have achieved this milestone without the cooperation of our customers and other stakeholders. But we will not stop here. Our plan is to take visual communications to the next level by solving issues in society, by stimulating the imagination of people around the world, and by designing products and services that enable people to fully exercise their creativity.”
With their big-screen viewing capability and interactive functionality, Epson is seeing increased demand for its business and home projectors, primarily due to expanded use of education applications and at-home requirements caused by the pandemic. Epson’s strength derives from products that are based on core technologies and core devices that it has developed and manufactured itself, for example, the high-temperature polysilicon TFT panels that are the core component of projectors. Epson is also seeking to generate new customer value through open innovation, for example by launching sales of optical engines for fourth-generation smart glasses that use the projector technology it has refined to date.
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Posted: 30th November 2020