E Ink positive on outlook for the rest of this year - News Summed Up

E Ink positive on outlook for the rest of this year


E Ink positive on outlook for the rest of this yearBy Lisa Wang / Staff reporterE Ink Holdings Inc (元太科技), the world’s sole supplier of e-paper displays for e-readers and electronic shelf labels, yesterday gave a positive outlook for the second half of this year, as the COVID-19 pandemic is stimulating demand. The pandemic “is increasing demand, as we expected,” E Ink chairman Johnson Lee (李政昊) told an investors’ teleconference. Shipments of e-paper displays are expected to grow at an annual rate of 20 to 30 percent this year and growth might be even stronger next year, E Ink said. Demand for E Ink’s new color e-paper displays, dubbed Kaleido, has also improved and the firm is boosting capacity 10-fold, it said. E-paper displays for e-readers accounts for 60 percent of the firm’s revenue, it said.


Source: Taipei Times August 27, 2020 15:56 UTC



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