LAS VEGAS, March 24, 2014 /PRNewswire/ -- Texas Instruments (TI) (NASDAQ: TXN) today announced that more than 100,000 global movie theatre screens use its DLP Cinema technology. More than 8 out of 10 of the world's screens, from art houses to multiplexes, count on DLP Cinema to enable new possibilities for big screen content and experiences. TI and its customers, Barco, Christie, and NEC, will showcase their latest projector models on the tradeshow floor and other venues at CinemaCon 2014. Demonstrations will include innovative laser illumination models.
"The digital cinema revolution has raised the presentation standards of quality and consistency in cinemas around the world. More than ever before, audiences everywhere can see on screen exactly what movie makers imagined for them," said John Fithian, president and chief executive officer, NATO. "On behalf of the National Association of Theatre Owners (NATO) and our members worldwide, we congratulate the TI DLP Cinema team and their customers, Barco, Christie, and NEC, for their contributions to the cinema industry."
Benefits and impact of DLP Cinema technology include the following:
- For directors and content creators: Digital cinema has ushered in a new era where the artist's vision can come to life with immersive qualities and features, such as digital 3D and high frame rates (HFR). With the high speed (144 Hz) and high brightness of DLP Cinema technology, the cinema industry is now better equipped to stay ahead of home entertainment and other options to watch content.
- For exhibitors: Digital cinema allows for pristine quality showings of movies and alternative content from the first day of release to the last showing. Most importantly, all DLP Cinema-powered projectors are DCI-compliant and light source-agnostic, and they offer award-winning color reproduction.*
- For audiences: Digital cinema provides a visual experience beyond what is possible via home theater installations and mobile devices. DLP Cinema technology is used to illuminate all IMAX ® digital and other premium large format screens. DLP Cinema technology also offers the possibility of augmented reality, interactivity and even holographic-style showings.
"With this milestone, the filmmaker's true vision is now coming to life in nearly every cinema around the world," said Dave Duncan, manager of TI's DLP Cinema & Professional Display and DLP Front Projection Products. "For the DLP Cinema team, the real cause for celebration is that more than 10 years of development and innovation are being enjoyed by millions of moviegoers."With DLP Cinema technology used in projectors around the world – from S2K models designed for small screens to enhanced 4K models used in premium large format screens – the 100,000-screen milestone marks the beginning of cinema's digital era. Based on information from the Theatre Distribution List database, in the period between March 1, 2013, and March 1, 2014, 21,927 new DLP Cinema screens were installed worldwide. The highest growth region for new screens was Asia Pacific, with 8,780 (a 38 percent boost) during the same period. The EMEA region followed, installing 6,474 more screens during the year. The Latin America region installed 3,766 new screens, representing an amazing growth of nearly 75 percent. IMAX digital screens powered by DLP Cinema climbed to 692 theatres globally (354 in North America and 338 internationally). For more information on DLP Cinema technology, please visit www.DLP.com/Cinema. * A.M.P.A.S® Board of Governors Bestowed the 2009 Scientific and Engineering Award (Academy Plaque) to DLP Cinema engineers for Color Accuracy. D. Scott Dewald, Greg Pettitt, Brad Walker, and Bill Werner were recognized for their contributions furthering the design and refinement of the Texas Instruments DLP Cinema projector, achieving a level of performance which enables color-accurate, digital-intermediate previews of motion pictures. About Texas Instruments DLP Products Since 1996, award-winning DLP technology from Texas Instruments has powered the world's top display devices to deliver high resolution images rich with color, contrast, clarity and brightness for a wide range of applications, including industrial, automotive, medical and interactive displays. DLP's technology is being used in movie theaters (DLP Cinema®) and large-scale, professional venues and conference rooms, classrooms and home theaters. With DLP Pico™-enabled mobile devices, users have the ability to display images from the palm of their hand. Every DLP chipset features an array of microscopic mirrors that switch on and off up to ten thousand times per second. To learn more about DLP technology, please visit www.DLP.com, or follow DLP on Twitter at www.Twitter.com/TI_DLP. About Texas Instruments Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping more than 100,000 customers transform the future, today. Learn more at www.ti.com. Trademarks DLP and DLP Cinema are registered trademarks and DLP Pico is a trademark of Texas Instruments. All other trademarks are the property their respective owners. SOURCE Texas Instruments
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV