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Optoma leads Taiwan's projector market in Q2, 2009.

Taipei, Oct. 5, 2009 (CENS)--Thanks to increasing procurements of projectors by the government and schools, Optoma Corp., a reinvested company of Taiwan's Coretronic Corp. and supplying projectors under its own brand worldwide, commanded a 23.7% share of the Taiwanese market for projectors as No. 1 brand in the second quarter of this year.

Telly Kuo, Optoma's general manager for Asia, noted that the government's economic stimulus programs are expected to boost the overall domestic market demand for projectors to around 100,000 units this year, despite the gloomy climate in the retail market seen early this year.

Demand from governments and schools is significantly strong, Kuo said, as his brand has won tenders from governments and schools for about 10,000 projectors over the past nine months of the year, double the corresponding figure posted a year earlier, and commanding a 35% share of the segment.

As demand in the segment has simmered into the fourth quarter of the year, the brand's annual shipment in Taiwan is estimated to hit 30,000 units this year, with 13,000-14,000 units to be sold to governments and schools, according to institutional investors.

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Title Annotation:Optoma Corp.
Publication:The Taiwan Economic News
Article Type:Brief article
Geographic Code:9TAIW
Date:Oct 5, 2009
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