E-Ink has just hosted an investor’s conference and told their shareholders that in Q3 2016 they had a 24% increase in revenue, which was a new high. Sadly though, their net profit experienced a 35% decline QOQ.
EIH expects royalty revenues from licensing of FFS (fringe field switching) TFT-LCD technology to shrink 15-20% in 2016. EIH in September 2016 shut down its 2.5G LCD module (LCM) factory and dedicated it to R&D, ending small- to medium-size LCM production.
E-Ink experienced a solid second quarter and this was primarily due to big order Kobo placed for the 7.8 inch Aura One e-Reader. Estonia National Museum has adopted EIH-developed 32-inch e-paper for visitor guiding signage as well as 6.8- and 9.7-inch e-paper for displays showing information of exhibited items, with the displays allowing visitors to choose languages based on NFC and RFID technologies.
E-Ink chief financial officer Lloyd Chen said that his company is focusing on developing bigger-sized e-paper displays, color e-paper displays and flexible e-paper displays to expand its markets. He also mentioned “E-paper displays used in e-tags for luggage and shelf labels for retailers would become the company’s growth drivers in the next few years.”
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.