QPC Lasers has announced that the customer in its recently announced $12 Million Laser TV Contract is Asia Optical (AOCI), Taiwans leading optical consumer electronics manufacturer. AOCI has successfully demonstrated a 60-inch image based on RPTV Laser TV technology at QPCs headquarters in Los Angeles, CA, according to a report by the Society for Information Display.
QPC initially announced the Laser TV development and production contract in November 2007, and completed the development just last month, marking an important milestone in the path to consumer available Laser TV. The contract with AOCI is an exclusive supply relationship which provides for an $11 million supply agreement to be delivered over the next three years, and carries a potential value of up to $230 million over the 10 year term of the contract.
AOCI is Taiwans leading original equipment manufacturer (OEM) and original designed manufacturer (ODM) of optical instruments, including fiber optics, digital cameras, DVD imaging, laser range finders and more. The company designs, manufactures and distributes its products all over the world; AOCIs products are sold under a number of well known household consumer-electronic brand names. AOCI was founded in 1981, and today annual sales exceed $1 Billion USD. |