Seiko Epson Corporation ("Epson," TSE: 6724) today announced that it has shipped a total of 80 million high-temperature polysilicon ("HTPS") TFT liquid crystal panels for 3LCD projectors, enough for more than 26.5 million projector units.

July 2, 2012 /India PRwire/ -- Seiko Epson Corporation ("Epson," TSE: 6724) today announced that it has shipped a total of 80 million high-temperature polysilicon ("HTPS") TFT liquid crystal panels for 3LCD projectors, enough for more than 26.5 million projector units.

For more than two decades Epson has maintained its position as the world's No. 1 supplier* of HTPS panels, the core devices at the heart of 3LCD projectors. It has led the industry by developing and providing technologies that boost power and performance.

The expansion of the 3LCD projector market has for a long time been driven primarily by enterprise demand for business presentations. Today, 3LCD projectors are widely used in a variety of market spaces. In the home theater segment, projectors offer a compelling movie-viewing experience with 3D and high contrast capable of producing jet-black shadows, while in the education segment, projectors facilitate effective learning at school. Projectors also offer effective support for events in the commercial segment by delivering lectures, art and entertainment in large spaces. These applications just scratch the surface of the potential of projection technology. In light of this, the market for projectors is expected to grow nearly 10% every year. In India the projector market is growing even more rapidly and Epson was recently ranked the No. 1 projector brand in the country

"Epson is the leader in the development and manufacture of the HTPS panels," said Mr. Samba Moorthy, Director - Sales & Marketing, Epson India, "Going forward, we will further cement our position as the market leader by enhancing and expanding our lineup with products that leverage our unique technologies to meet specific market needs."

* According to Epson research (as of the end of May 2012)

** Source: CyberMedia Research study titled "India Half-Yearly Digital Projector Market Review, 2H CY 2011, April 2012 release"; the study covers all standalone digital projectors up to 5,500 lumens brightness level

Related information

To learn more about the advantages of HTPS panels, visit http://www.epson.jp/device/htps/.

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

Source: Press release distribution via India PRwire

Notes to Editor

About Epson

Epson is a global imaging and innovation leader whose product lineup ranges from inkjet printers and 3LCD projectors to sensors and other microdevices. Dedicated to exceeding the vision of its customers worldwide, Epson delivers customer value based on compact, energy-saving, and high-precision technologies in markets spanning enterprise and the home to commerce and industry. Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 75,000 employees in 97 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.

About Epson India

Epson India Pvt. Ltd. was incorporated in the year 2000. Present in every major city in the country, Epson products address the needs of the entire computer peripheral market as also those of consumers with specialized needs. Headquartered in Bangalore, Epson India today has an enviable reputation for quality and value. The company markets and supports Epson Dot-Matrix Printers, Inkjet Printers, Inkjet All-in-Ones, Laser Printers, Point of Sale Printers & Systems, Scanners and LCD Projectors. In most of these categories Epson is either the No.1 or No.2 brand and growing fast.

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