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July 20
News Release
---------------------------------------------------------------------------------------------------------------------------------------Epson Ships Twenty Millionth Liquid Crystal Panel for Projection Systems
– TOKYO, Japan, July 20, 2004 –
Seiko Epson Corporation ("Epson") today announced that it recently shipped its 20-millionth high-temperature polysilicon (HTPS) TFT liquid crystal panel for projection systems.
The company succeeded in hitting the 20-million-panel milestone less than two years after reaching the 10-million panel mark, in October 2002. Going forward, Epson will further bolster its line of HTPS panels in order to meet demand from the steadily growing business market (for data projectors) and from the highly promising home market (for front-type projectors and large-screen HDTV LCD projection TVs).
Epson has maintained its position as the leading supplier (*1) of HTPS panels, the key component in liquid crystal projectors, for the past decade, ever since becoming the first manufacturer to launch full-scale volume production of 1.3-inch VGA panels in 1994.
As the industry's number one manufacturer, Epson held onto an approximately 55% (*2) share of the global market for liquid-crystal light-valves used in projector systems during the 2003 fiscal year ended March 2004. The company, which enjoys a high level of trust from a broad base of customers and which has earned a reputation for top-notch technology, is committed to keeping its lead in the industry.
The market for data projectors continues to expand. Growth is being driven largely by a heightened demand for business presentations and, more recently, by the computerization of the classroom. The market for front projectors, large-screen HDTV LCD projection TVs, and other home projectors is also growing steadily as DVD player ownership increases and digital broadcasting takes root. Epson will continue to respond to the needs of customers in these markets by leveraging its proprietary leading-edge liquid crystal and high aperture ratio technologies to develop low-power HTPS panels that offer unrivaled luminous efficiency, outstanding brightness, and superior color reproduction—and that do so without straining the eyes or impacting the environment.
Epson has long been the leader in developing the high-brightness liquid crystal panels that have been driving growth in the LCD projector market. The company intends to continue this tradition by developing new technologies that provide ever better performance.
Click here for more information on
Epson's HTPS and other imaging technologies.
Press release: Epson Announces Next-Generation High-Temperature Polysilicon TFT Panel (June 28, 2004)
(*1) According to studies conducted by Epson
(*2) Epson estimate based on data from Techno Systems Research, Display Search, Fuji Chimera, and others
About Epson
The Epson Group increases its corporate value through its innovative and creative culture. Dedicated to providing its customers with digital image innovation, its main product lines comprise information-related equipment such as printers and projectors, electronic devices including displays, liquid crystal panels for projectors, semiconductors and quartz devices, and precision products such as watches. Epson products are known throughout the world for their superior quality, functionality, compactness and energy efficiency.
The Epson Group is a network of 84,899 employees in 110 companies around the world, and is proud of its ongoing contributions to the global environment and to the communities in which it is located. Led by the Japan-based Seiko Epson Corp., which is listed on the First Section of the Tokyo Stock Exchange, the Group had consolidated sales of 1,413 billion yen in fiscal 2003.
Contacts
Seiko Epson Corp.
Corporate Communications
Contact us by e-mail
http://www.epson.co.jp/
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