IMAX upgrades three CGV Vietnam locations to Laser in 2027

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Reviewed by
Anirudha BScanX News Team
Key Highlights

IMAX Corporation and CGV will upgrade three locations in Vietnam to IMAX with Laser in 2027, completing the network's transition to the advanced system. The upgrades follow IMAX's record 2025 performance in Vietnam, with nearly $6 million in box office and a doubling of locations since 2022.

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IMAX Corporation and CGV have agreed to upgrade three existing CGV/IMAX locations in Vietnam to the IMAX with Laser system, starting in 2027. The locations in Ho Chi Minh City and Hanoi will be retrofitted with the new technology, ensuring the entire CGV/IMAX network in the country operates on the laser platform. This move aims to enhance the cinematic experience for audiences with crystal-clear 4K images and precision audio.

Vietnam has become a key growth market for IMAX in Southeast Asia, driven by a robust local-language film industry and strong demand for premium experiences. The company achieved its best-ever performance in the country in 2025, generating nearly $6 million in box office revenue. This growth was supported by the release of the first Vietnamese-language IMAX titles, including "Money Kisses" and "A Gift From Heaven."

The IMAX network in Vietnam has expanded significantly, doubling from 2022 to reach eight locations currently. The latest agreement adds at least three more sites to the development backlog, reinforcing the company's commitment to the region. Preetham Daniel, VP of Theatre Development for India, Korea, South East Asia and Australasia at IMAX, highlighted the partnership with CGV as a critical factor in delivering top-tier experiences to Vietnamese audiences.

IMAX with Laser represents the company's most advanced cinema technology, designed for maximum immersion. The system features state-of-the-art projection capabilities and audio enhancements, setting a new standard for moviegoing. As of March 31, 2026, IMAX operates 1,865 systems across 91 countries and territories.

Metric Value
2025 Box Office Nearly $6 million
Current Locations (Vietnam) 8
Network Growth (Since 2022) Doubled
New Upgrades (2027) 3 locations
Global Systems (as of March 31, 2026) 1,865
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Will the success of Vietnamese-language IMAX titles prompt IMAX to invest in local content production in other Southeast Asian markets?

How will the 2027 laser upgrade timeline impact box office performance at the affected CGV locations during the interim period?

Could this partnership with CGV serve as a blueprint for accelerating laser retrofits in other emerging IMAX markets?

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IMAX Corporation to announce Q2 2026 financial results

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Reviewed by
Naman SScanX News Team
Key Highlights

IMAX Corporation will announce its Q2 2026 financial results on July 23, 2026, via a conference call at 8:30 a.m. Eastern Time. The event will be webcast, with telephone access requiring pre-registration. A replay will be available on the company's investor relations website.

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IMAX Corporation will announce its second-quarter 2026 financial results on July 23, 2026, through a conference call scheduled for 8:30 a.m. Eastern Time. The announcement will provide insights into the company's performance for the quarter, with stakeholders able to access the discussion via webcast or telephone. The call is a key event for investors seeking updates on IMAX's operational and financial progress.

Conference Call Details

The conference call will be webcast live on IMAX's investor relations website. Participants wishing to join via telephone must pre-register through a dedicated link to receive a dial-in number and unique PIN. IMAX encourages attendees to dial in ten minutes early to avoid delays. A replay of the call will be accessible on the investor relations website after the event.

Company Overview

IMAX is a global leader in entertainment technology, specializing in immersive cinematic experiences through proprietary software, architecture, and projection systems. The company's network serves filmmakers, studios, and artists worldwide, positioning it as a platform for blockbuster events and entertainment. As of March 31, 2026, IMAX operated 1,865 systems across 91 countries and territories.

Subsidiary and Operations

IMAX China Holding, Inc., a subsidiary of IMAX Corporation, is listed on the Hong Kong Stock Exchange under the stock code "1970." The parent company is headquartered in New York, Toronto, and Los Angeles. IMAX and its related marks are trademarks of IMAX Corporation.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will IMAX's Q2 2026 financial results reflect the impact of upcoming blockbuster releases?

What strategic initiatives is IMAX pursuing to expand its global network beyond the current 1,865 systems?

How might IMAX China's performance influence the parent company's overall growth trajectory in 2026?

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