E-Ink and Plastic Logic have been working together for ten years and the two sides have just signed another long-term contract. According to IHS, the flexible display market will grow to $15.5 billion in 2022 as the popularity of wearable and mobile devices with flexible displays increases. Plastic displays lend themselves particularly well to wearables as they’re light-weight, robust and require minimal power to function. They are a great choice for jewelry, watches and health monitors, to name a few applications.
“One of E Ink’s key market strategies is to partner with industry leaders to expand the use of ePaper in products and applications,” said Johnson Lee, President of E Ink Holdings. “E Ink is known for its leading edge technology in EPD development and manufacturing. We expect the partnership to leverage E Ink and Plastic Logic’s expertise to provide more flexible applications to our customers.”
“We are excited by this next phase in our partnership with E Ink. Signing the MSA creates mutually beneficial opportunities for geographic expansion, the penetration of new markets and the further acceleration of ePaper displays’ adoption in a multitude of applications,” said Tim Burne, CEO, Plastic Logic. “Our leading-edge plastic electronic technology, proven manufacturing process and can-do customer focus enables our customers to bring robust, flexible, functional, low-power glass-free display-based products to market, which creates exciting opportunities for market growth, differentiation and competitive advantage. We look forward to collaborating with E Ink on a number of customer projects over the coming months.”