|
|
Looking at a Rapidly Expanding Market through 3D Glasses:
To realise the enormous business potential of the lucrative 3D TV market, the Group has entered the 3D TV shutter glasses business during March 2010, acquiring a 19.36% stake in Accupix Co. Ltd., (“Accupix”) (listed on KOSDAQ; stock code: 056730.KQ) a Korea-based company specialising in designing and providing solutions for 3D LED TV glasses. Through this strategic initiative whereby Accupix becomes an associated company of AV Concept, the Group can enhance its consumer electronics products portfolio while riding the high growth 3D TV market.
|
 |
The Group is also engaged in designing and developing 3D shutter glasses that are adaptable to most 3D TV brands. With the global distribution rights (ex-Korea), the Group distributes Accupix’s universal 3D shutter glasses globally under its “SOUL” brand, focusing initially on the US and the PRC markets. As most 3D TV sets are bundled with one to two pairs of 3D TV shutter glasses, the Group sees immense business opportunities in the aftermarket of extra 3D shutter glasses and believes this initiative with a high profit margin will enhance the profitability of the Group.
 About Accupix Co. Ltd.
 |
Established in 2000, Accupix (listed on KOSDAQ; stock code: 056730.KQ) is principally engaged in business areas of multimedia device, including 3D glasses and head-mount display; as well as SI business, covering Smart Work Business, Green IT Business, Advanced National Backbone Network Business, Railroad Communication. It has started R&D for multimedia device, including 3D glasses and head-mount display since 2000, and is thus specialized in designing and providing solutions of 3D TV LCD glasses, as well as offering design service in mobile computing sector. With more than eight years of research and development invested, Accupix has commenced production of 3D TV shutter glasses since February in 2010 and is set to be the pioneer in the technology. It supplies the related technology to Samsung, LG-Electronics and to leading electronics brands in Japan. It has also signed a supply agreement with LG-Electronics in late 2009, becoming the exclusive manufacturer of 3D shutter glasses for LG-Electronics’3D TVs.
In March 2011, Accupix has successfully developed passive 3D glasses and started to supply these innovative products to LG-Electronics, making it the first 3D glasses supplier to supply both types of 3D glasses to LG-Electronics.
About the 3D TV Market
In view of the tremendous success of the latest 3D movies and even more overwhelming interest in 3D aroused by the immersive 3D video games, major Japanese and Korean TV vendors, led by Samsung and LG, are aggressively launching and promoting 3D TVs during 2010. According to market researcher DisplaySearch, 3.2 million 3D TVs were expected to be sold worldwide in 2010 and unit sales will climb at a double-digit growth rate to 90 million 3D TVs during 2015.
Source: DisplaySearch
For more information, please visit www.accupix.com
|
|
