Young Optics sees 2 million pico projectors sold in 2017

Young Optics logoYoung Optics reports its financial results for H1 2017 - revenues reached $34.5 million, and the net loss was $3.7 million. Pico-projection optical modules accounted for 51% of the company's revenues. 

The company's CEO and president Claude hsu estimates that the global demand for pico projectors in 2017 will reach 2 million units, out of which 1-1.5 million will ship to China. Young Optics says its market share in the China is about 25%, and it aims to increase its share to 40%.

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