Barco Confirms its Global Leadership Position in Digital Cinema with Impressive Results in China

Digital Cinema Pioneer Barco once again turned in impressive results in the Greater China market, finishing 2010 with an install base of more than 3200 Digital Cinema projectors.

In the first quarter of 2011, Barco received new orders for more than 1500 units in Greater China, with its marketshare remaining over 65%. To continue to meet this strong market demand, the production capacity of Barco’s Beijing plant was increased from 200 to 500 Digital Cinema Projectors per month. Barco also established a new Digital Cinema R&D centre in Beijing, further underlining Barco’s long-term commitment to the Chinese market.New orders received in Q1, 2011 from many well-known theatres and theatre investment companies included new and existing customers such as China Film Group Corporation, Pearl River Jinyi, Lumière Pictures, Stellar Film Investment, Beijing Red Star Cinema Investment and Guangdong South China Film. Barco retains a Digital Cinema projector market share of over 65% in Greater China and over 80% in Hong Kong and Taiwan. These figures clearly demonstrate Barco's leadership in providing innovative Digital Cinema products, technologies and services to the Chinese market. Barco's unrivalled reliability, best-in-class light efficiency, lowest lamp cost and easy serviceability continue to drive repeat orders.

These impressive results are testament to Barco's long-term commitment to innovation and service in China's digital film industry. The continued investments in Barco's Chinese facilities have turned it into one of Barco's most important global locations. In December 2010, Barco established a new Digital Cinema R&D Center in Beijing, becoming the first manufacturer of Digital Cinema projectors to integrate R&D, Production, Sales and Service for the Chinese market.

“Barco performed extremely well in digital cinema in 2010, particularly in China.” comments Wim Buyens, Senior Vice President Entertainment at Barco. “Overall, China has played a vital role in our global performance. Recent acquisitions will also support Barco's broader strategy to move up in the value chain from Digital Cinema projector supplier to provider of Digital Cinema visualization solutions. In the following years, Barco will not only continue to be the technology leader in Digital Cinema projection, but will also expand its product portfolio to include Digital Signage, Theater Management Systems and more.”

We invite you to visit Barco's Booth at Cinemacon (Caesars Palace, Las Vegas, March 28-31, 2011): 1006A & 911A / Augustus Ballroom.

New orders received for Barco's Digital Cinema projectors in the first quarter of 2011 include:

China Film Group Corporation – 450 units
China Film Group Corporation is approved by the state council and is composed of the former China Film Corporation, Beijing Film Studio, China Children Film Studio, China Film Co-Production Corporation, China Film Equipment Corporation, Film Satellite Channel Program Centre, Beijing Film and Video Laboratory and Huayun Film & TV Compact Discs Company. It is a first-class large-scale film group based on the film industry with a variety of industrial comprehensive development in China. In recent years, it has formed seven cinema lines through the way of equity participation. More than 400 theatres signed up to join and the box office accounted for about half the market share. Presently, China Film Group is now forming a holding cinema, targeting to hundreds of theatre, standardized management and operation, high quality service, control and influence improvement.

Zhujiang Jinyi Film Group – 300 units
Zhujiang Jinyi Film Group was integrated former Guangdong Pearl River Cinema. It was renamed Jinyi Pearl River Cinema and put into operation on April 1 in 2008. Currently, Jinyi Pearl River came out top among cinemas in China with cumulative box offices market share of 7%. In the following 3 years, there would be 100 cinemas being autonomous invested by Jinyi in the whole country, which will make Jinyi become a commercial mainstream cinema in China.

Lumière Pictures – 100 units
Lumière Pictures is a cinema investment company specializing in the construction and operation of high-end cinemas in China. Since its establishment, the company has positioned itself as the trendsetter in the industry by way of its global vision, innovative ideas, and adoption of advanced technology. Its introduction of the best practices in design, construction, technology, content, and service in compliance with international standards has garnered acknowledgement from consumer and given success to the company in establishing itself as an international corporate brand of the highest standards amongst its partners. In the field of movie theatre development, operation and distribution, Lumière possesses its own unique methodology that has been proven and accepted by the industry.

Stellar International Cineplex – 300 units
Stellar International Cineplex which was established in March 2003 affiliates with Stellar Media Group. It was invested by Stellar Media Group and Stellar International, a Hong Kong listed company. This company is at the core of cinema investment and operation management, committing to provide upper-class entertainment film culture services. Currently, it has set up 19 modern cinemas in Beijing, Shanghai, Chengdu, Chongqing, Xuzhou, Tianjin, Lanzhou, Shenyang, Changshu and so on. Now there are 191 screens and 29 cinemas are under construction. 2 brand output management cinemas are in Shanxi and Yunnan with 8 screens and 2 theatres output management in Beijing.

Beijing Red Star Cinema Investment – 100 units
Beijing Red Star Cinema Investment Limited Company was established at the end of 2009 with registration capital of 20 Million RMB. It has formed strategic partnership with investment companies both at home and abroad and will invest 4 billion RMB in about 10 years. 'Red Carpet' is used as its main brand to construct high level cinema chain network in film industry. Now there are three new cinemas being opened in Zhengzhou, Yinchuan and Nanchang.

About Barco: Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2017, we realized sales of 1.085 billion euro. We have a team of 3,600 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike. Barco Directory page

Tags:

Exhibition Products

Source:

Barco (Kuurne)

Events:

CinemaCon 2011 (Caesars Palace, Las Vegas)

Share this page:

More Barco News:

Jun 13, 2018 Kinepolis Chooses Cinionic and Barco Laser Technology to Renew 300 Screens Through 2021

Jun 11, 2018 Cinionic and AMD Collaborate on Interactive, Augmented Reality Lobby Experiences

Jun 5, 2018 Cinionic Showcases Innovative Cinema Experiences at CineEurope

May 17, 2018 Guy Fieri’s Kitchen & Bar and Dine-In Cinema By Reel Cinemas Impresses Moviegoers with Barco Laser Projection

May 15, 2018 Cinionic Forges Partnership with Cine Project and Powers Launch of First All-Laser Cinema in Germany

Apr 25, 2018 Cinionic Introduces Family VR Experiences for Cinema Lobbies at Cinemacon

Apr 24, 2018 Cinionic Fuels Major Global Expansion of CJ CGV Cinemas with Barco Projection

Apr 24, 2018 Cineworld Group Signs Deal for 600 Movie Screens Worldwide with Barco Laser Projectors

Apr 24, 2018 Cinionic and Ultrahaptics Enhance Immersive Cinema Lobby Experiences with New Mid-Air Haptic Displays

Apr 23, 2018 Cacinesa Partners with Barco and Bardan to Become First All-Laser Cinema in El Salvador

Apr 23, 2018 Cinionic and Bardan Power First All-Laser Multiplex in Chile with Cineplanet

Apr 17, 2018 Introducing “Cinionic” – A New Brand Launching A New Era in Cinema Experiences

Dec 14, 2017 Barco Receives the Technology Innovator Award at CineAsia 2017

Dec 4, 2017 Barco Joins Forces with Strategic Partners to Advance the Delivery of Dedicated and New Cinema Solutions

Oct 25, 2017 Cinépolis Plaza Satélite Cinema Becomes First “All-Laser” Multiplex in Mexico Powered By Barco Smart Laser Projectors

Oct 23, 2017 Barco Achieves Milestone of 100 All-Laser Cinema Multiplexes Installed Worldwide

Oct 19, 2017 Barco Invites Theater Owners to Experience the Future of Cinema Today at ShowEast 2017

Oct 16, 2017 Cinemark Theatres First to Adopt Single-Source Solution for In-Theater Media Marketing with “One Network Alliance” Digital Lobby Experience

Aug 9, 2017 Galaxy Theatres Selects Barco Laser Projectors to Upgrade its DFX Premium Movie Experience Auditoriums

Jun 20, 2017 Barco Details Traction of Laser Roll-Out: Growing Number of Cinema Exhibitors Trust Barco Laser Projection to Deliver Amazing Movie Experiences While Reducing Operating Costs