July 6, 2004

Taiwan's Pixart Reaps Camera Phone Boom, Eyes IPO

Taiwan's Pixart Imaging, a designer of digital camera chips, expects 2004 revenue to grow well beyond its own forecast of 33 percent amid booming sales of camera-equipped cellphones, the firm's president said on Monday. [Reuters].

"Camera phones are growing so fast that it is almost frightening, and from phones, cameras are spreading to other devices," Pixart President Sen Huang said.

"We expect that all notebook computers, not just high-end ones, will have a built-in cameras because they are just too inexpensive."

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