Optical device and digital camera maker Asia Optical, mainly due to the impact of Eastman Kodak's bankruptcy filing, expects the proportion of its consolidated revenues for digital cameras to decrease from 45-50% in 2011 to 30% in 2012, according to the company.

Asia Optical has estimated a maximum loss of NT$1.031 billion (US$34.4 million) in lost account receivables and inventory from Kodak's bankruptcy and has filed a claim with a court in New York to include the payments into Kodak's reorganization.

Consequently, the proportion of consolidated revenues for cameraphone lens modules and other optical devices will rise to more than 30% in 2012, becoming the largest source of revenues, the company said.

In addition, Asia Optical plans to improve yield rates for new product lines, namely, pico projectors, 3D home theater projectors, barcode trackers and blue laser displays, to increase potential revenues, the company indicated. Since Asia Optical has lowered the production cost of LCoS (liquid crystal on silicon) pico projectors to below US$20, the company expects to ship one million units built into handsets to China-based vendors and one million external LCoS pico projectors in 2012, the company said. 

Source:digitimes