The Seiko Epson Corporation, manufacturer of electronics equipment ranging from printer paper to digital cameras, says it will control 20% of the projector market by the end of 2007, up from 18% in 2006. According to the Chief Executive of Epson’s Visual Instruments Operations Division, Tadaaki Hagata, global demand for projectors will rise to five million for 2007, compared to 4.5 million in 2006. Tadaaki Hagata also hinted at upcoming Epson technologies including LCD technologies capable of 50,000:1 contrast ratios. Epson also licenses its technologies to other projector manufacturers; making their technology present in over 20% of projectors globally already.

[via Digitimes]

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