E Ink expects revenue to rise mildly this quarterBy Lisa Wang / Staff reporterE Ink Holdings Inc (元太科技), the world’s sole supplier of e-paper displays, yesterday said that it expects revenue to rise mildly this quarter from last quarter — bucking a downturn in the electronics industry — as the COVID-19 pandemic continues to drive demand for e-readers, e-notes and electronic shelf labels (ESL). E Ink’s revenue for last quarter surged 22 percent to NT$4.45 billion (US$154.42 million) from NT$3.66 billion in the same period last year. E Ink Holdings Inc chairman Johnson Lee is pictured at a news conference in New Taipei City on Oct. 13. Capital expenditure this year might rise to NT$1 billion, higher than NT$600 million to NT$800 million over the past few years, it said. E Ink financial executive Lloyd Chen (陳樂群) attributed the results to the effects of remote working and online learning amid the pandemic.

Source: Taipei Times November 19, 2020 15:56 UTC