E Ink Reports a $8.34 million loss in Q1 2016

E Ink, the company responsible for the e-paper displays found on the Amazon Kindle, Nook and Kobo’s of the world has just reported a $8.34 million loss in the first quarter of 2016.

E-paper displays for e-readers accounts for 70 percent of E Ink’s total revenue, with about 30 percent from e-papers for e-tags used in luggage and retailers’ shelves and LCD panels, the company said.

One of the big problems with E Ink technology is how expensive it is to manufacture and the costs are significantly higher than developing products that employ LCD, LED and OLED.

E Ink has been making operating losses over the past two years, except reporting an operating profit of NT$354 million in the third quarter last year.

Michael Kozlowski (7747 Posts)

Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about electronic readers and technology for the last four years. His articles have been picked up by major and local news sources and websites such as the Huffington Post, CNET and more. Michael frequently travels to international events such as IFA, Computex, CES, Book Expo and a myriad of others. If you have any questions about any of his articles, please send Michael Kozlowski an email to michael@goodereader.com