Coretronic DLP Projector Shipments Drop

By Jasmine Kang Sodha

Coretronic announced its monthly result for March 2017 with consolidated revenue of NT$4.2 billion ($139.0 million) and a quarterly revenue of NT$12.2 billion ($403 million) for FY17 Q1. The March revenue was up by 10.9% on monthly basis but was down by 16.8% on yearly basis.

The company shipped 98,000 DLP projectors and projection systems in March, lower by 6% compared to the previous month.