Japan-based Seiko Epson first introduced its innovative application products to the Taiwan market in 2009 and only generated revenues of NT$1 million (US$31,456) from these new products last year, but it expects sales from the segment to hike to NT$21 million in 2010, NT$3 billion in 2013 and NT$5 billion in 2015, according to its Taiwan marketing subsidiary Epson Taiwan Technology & Trading.
Epson's innovative application products mainly consist of three categories - industrial automation equipment including mechanical arms; industrial and business-use digital printing; and health-care devices such, Epson Taiwan indicated.
| Seiko Epson: Revenues from Taiwan market, 2009-2015 (NT$m) | ||||
| Product line | 2009 actual | Forecast | ||
| 2010 | 2013 | 2015 | ||
| Imaging | 3,756 | 3,782 | 4,200 | 4,900 |
| Electronic components | 8,231 | 8,471 | 9,900 | 11,800 |
| International procurement | 5,104 | 6,570 | 7,900 | 8,300 |
| Innovative applications | 1 | 21 | 3,000 | 5,000 |
| Aggregate | 17,092 | 18,844 | 25,000 | 30,000 |
Source: Epson Taiwan, compiled by Digitimes, March 2010
Article translated by Adam Hwang
