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OPTOMA Established Optoma Holdings in the United Kingdom

Taipei, Taiwan – January 16, 2023 – Optoma, a visual solutions provider that has delivered exceptional experiences to millions of people for the last two decades, established Optoma Holdings in the United Kingdom in 2022. This strategic move came with a few considerations, including being in proximity to its key customers, access to one of the world’s most stable and well-regulated capital markets, maintaining close relationships with trendsetters in AV, enterprise, and education segments, collaborations with leading centers of content and creative disciplines, and access to world-class talents in marketing, design, corporate social responsibility, etc.

Optoma has a long history in the UK, as it is the first European country with an Optoma presence. The UK operation also spearheaded the company’s expansion into the rest of Europe. The establishment of Optoma Holdings in the UK has minimal impact on its suppliers and partners worldwide; Coretronic will also continue to be Optoma’s majority shareholder. Optoma retains a significant presence in Taiwan as it offers unmatched access to world-class talents in R&D, product management, and supply chain management and is close to its key suppliers and contract manufacturers. Taiwan remains a pivotal role in Optoma’s global operations.

Optoma will leverage its core competencies in developing and manufacturing large-display products to explore new business opportunities. Building upon its prowess in large-display products, Optoma plans to expand into software and services. Combining hardware, software, and services into integrated solutions, Optoma strives to deliver maximum value to consumers, customers, and shareholders.

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About Optoma

Optoma is a world leading designer and manufacturer of projection and sound products for business, education, professional audio/video and home entertainment.

Optoma’s projection products combine superior image processing technologies with exceptional engineering and innovation to deliver stunning crystal clear images with ultimate reliability.

Optoma projectors use DLP® technology, pioneered by Texas Instruments. This uses millions of mirrors to produce high quality imagery which does not suffer colour degradation over time, as sometimes experienced in other projector technologies.

The Optoma NuForce sound range is designed for people that care about audio. They are built from premium quality components to deliver sleek design and exceptional sound.

The Optoma Group has continental headquarters in Europe, the USA and Asia; whilst Optoma Europe, based in London, covers Europe, Middle East and Africa (EMEA). Local services are delivered from regional offices in France, Germany, Norway, Spain and the Netherlands and sales representatives in the Czech Republic, Dubai, Italy, Poland, Russia, Romania and Saudi Arabia. www.optoma.com