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.”
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.