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BenQ records strong growth in Middle East projector market
- United Arab Emirates: Saturday, January 03 - 2004 at 09:43
- PRESS RELEASE
BenQ, the region's leader in digital lifestyle products, announced today that during 2004 it will likely double its range of projectors available to Middle East-based consumers.
"Ever since BenQ launched its first projector into the Middle East back in 2001, we have witnessed strong demand. What we have learned from monitoring the market in 2003 is that we need to introduce even more innovative and strong-performing models in 2004 to meet the needs of this increasingly sophisticated market," said Robert Dung, managing director, BenQ Middle East
"Throughout 2003, BenQ Middle East has recorded an average of 20 percent quarter-on-quarter growth with its projectors. Based on the deals we have been making in the corporate sector and with government departments around the region, we expect growth to be double in 2003 what it was this year," said Zakaraya Ashek, account manager, BenQ Middle East.
As part of BenQ's strategy to meet the demands of the regional market, the company will boost the number of models in its projector range from 12 to 20 by the end of 2004. The decision comes just six months after BenQ increased its projector line in the Middle East by 100 percent.
Witnessing healthy demand on a first-hand basis, from both the consumer and corporate markets, for the entire range of BenQ projectors are the company's distributors across the region.
"Since BenQ introduced the PB 8120, PB8220, PB8230, PB7200, PB7220 and PB2220 projectors a few months ago, we have been fielding requests from conference organizers, hotels and schools," said Manoj Pillai , Business Development Manager - AUDIVIZ Technologies
Additionally, Mario M. Veljovic , Business Unit Manager - APTEC Gulf, said: "Sales for projectors have been consistently strong throughout the year but, because of the demand of the holiday season we have seen a significant jump in demand. Consumers have realized that projectors are a wonderful gift for people that want to have the "home cinema" experience."
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About BenQBenQ is an industry leader in networking lifestyle devices with an expertise that encompasses display, storage, imaging, wireless and broadband areas.
BenQ has manufacturing plants in Malaysia, Mexico, China and Taiwan. The company has 15,305 employees worldwide, supporting a strong global sales marketing and service network spanning Asia-Pacific, Europe and the Americas. BenQ has research and development facilities in Taiwan (Hsinchu Lab), China (Suzhou Software Development Center) and California, USA (Wireless Technology Center), and has more than 2000 research and development employees in Suzhou, Taipei, Taoyuan, Hsinchu and San Diego. BenQ has amassed 1,225 global patents. 2002 revenues exceeded US$3.03 billion dollars.
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Posted by Christine H. Andersen, Assistant News Editor
