Plastic Logic is a company in flux, they have yet to secure a meaningful contract to utilize their e-paper and are stuck in an endless loop of research and development. In order to better position themselves for the future, the company has split itself into two autonomous companies.
Plastic Logic will remain as an EPD developer and producer and will mainly their factories in Dresden, Germany. Their United Kingdom arm will be now known as FlexEnable and will primarily focus their efforts on licensing out their technology to display makers.
Indro Mukerjee Chairman of Plastic Logic said “I believe that the full potential of plastic electronics is now emerging as transformational developments in flexible transistor performance and bold, new concepts drive more and more applications. This, combined with the proven manufacturability and scalability of our transistor technology platform, makes this a defining moment for the industry. I look forward to working with our many partners and colleagues to fulfill the tremendous promise of plastic electronics in this exciting new era.”
Recently the e-paper and display industry has been collapsing, which is indicative to tech companies being risk adverse. Pixel QI recently announced bankruptcy and their IP is currently in flux. GT Advanced Technologies went bankrupt after Apple pulled out of the deal that would have seen sapphire displays being employed on their next generation of phones and tablets. Liquavista which Amazon purchased from Samsung has never had a single commercially viable product and Mirasol color e-paper has been a massive disappointment.