Coretronic Corporation was established in the Hsinchu Science Park on June 30, 1992. Since the very beginning, it has positioned itself as an innovative display solution provider. Coretronic was the first LCD backlight module manufacturer in Taiwan and it has taken the lead in developing and mass-producing the smallest and lightest VGA single-panel LCD projectors and XGA DLP projectors in the world. This advancement has opened up a new era for display systems in Taiwan. Coretronic conducts its R&D and innovative efforts with the business philosophy of maintaining secure operations by focusing on its core business. It controls its key patents and core technology via a business strategy of vertical integration. This has made Coretronic the leader in advanced LCD, digital projector and LCD backlight technology in Taiwan and also one of the top manufacturers in the R&D of these products worldwide. In 2013, Coretronic generated NT$ 72.7 billion (US$ 2.42 billion) in sales revenue.