E Ink Holdings, the company responsible for the vast majority of e-paper displays on the Kindle, Kobo, Nook and Sony e-readers has reported a loss of 19.96 million dollars in Q1 2014.
2013 was a year of major decline for e Ink, as they were down three of the four quarters. The managed to eek out a small profit for the holiday season due to ravenous demand for new products by Amazon.
In Q1 2014 e Ink did see revenue of 9.7 million dollars US, but it was not enough to offset operating expenses and overall loses. The company has seen weak demand for their e-Paper displays and many of the companies employing their latest tech are fairly niche products. Bookeen, Pocketbook, Onyx, Tolino and a few others placed orders for their latest generation e-readers but most are not commercially available yet. Normally Amazon, which is e Inks largest partner will not release a new unit until September. E Ink is betting on secondary screens, wearable tech and luggage tags as being an avenue of expanded growth. At the upcoming SID Display Week conference in San Diego the company intends on only revealing a single new product that I was told was quite different than any other product offering in their portfolio.
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.