Epson Ships 70 Millionth HTPS-TFT Panel for 3LCD Projectors

HTPS-TFT Panel

- TOKYO, Japan, May 11, 2011 -

Seiko Epson Corporation ("Epson", TSE: 6724) today announced that it had recently shipped its 70 millionth HTPS TFT (high-temperature polysilicon, thin-film transistor) panel for 3LCD projection systems. This amounts to a total of more than 23 million 3LCD projectors.

Epson has maintained its position as the industry's leading supplier* of HTPS-TFT panels, the key component in 3LCD projectors, for over 20 years. Throughout this period, the company has constantly refined its technology to improve projector performance.

The market for projectors using Epson's HTPS technology has to date been primarily been based on business presentations. Recently, however, applications have expanded, as projectors have come to be used in home theater for a cinema-like movie viewing experience, in education as an effective tool for supporting classes, and in commerce and other fields for projecting lectures, concerts and other events held in large auditoriums. With the projector market forecast to grow by approximately 10% annually (see graph below), Epson is confident that demand for its HTPS will continue to grow.

"Epson is delighted to have reached this important milestone," said Nobuyuki Shimotome, chief operating officer of Epson's TFT Operations Division. "As the world's leading projector technology, Epson's HTPS offers projector customers in the home, business and education markets a wide range of benefits. Going forward, we are dedicated to providing industry-leading and innovative products to projector manufacturers and end-users alike."

Epson is committed to maintaining its position as the industry's leading supplier of core devices for 3LCD projectors by continuing to answer customer needs. Combining its cutting-edge liquid crystal, high-aperture ratio, and other original technologies, Epson will expand and enhance its HTPS lineup with panels that further raise the performance of 3LCD projectors with their increasingly diverse applications, higher levels of brightness and contrast, and ever more compact design.

* Based on Epson research at the end of April 2011.

Market growth for projectors of brightness of 500 lumens and above

Epson forecast based on research company estimates (end of April 2011)

Related information

To learn more about the advantages of HTPS panels, visit:
http://global.epson.com/products/htps/

To learn more about 3LCD technology, visit:
http://www.3lcd.com/ New window

About Epson
Epson is a global imaging and innovation leader that is dedicated to exceeding the vision of customers worldwide through its compact, energy-saving, high-precision technologies, with a product line-up ranging from printers and 3LCD projectors for business and the home, to electronic and crystal devices.
Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises nearly 75,000 employees in 100 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.
http://global.epson.com/