Seeking capacity, E Ink to double capital spendingBy Lisa Wang / Staff reporterE Ink Holdings Inc (元太科技), the world’s sole supplier of e-paper displays, yesterday said that it plans to double its capital expenditure to NT$1.6 billion (US$56.53 million) to expand capacity and catch up with customer demand. Photo: Chen Mei-ying, Taipei TimesThe Hsinchu-based company last year spent between NT$750 million and NT$800 million on new facilities and manufacturing equipment. For the whole of this year, we can grow our revenue,” company chief financial officer Lloyd Chen (陳樂群) told a virtual investors’ conference yesterday. However, revenue growth is contingent on the speed of the company’s capacity expansion and the availability of key components, such as display drive ICs, Chen said. Last year’s operating profit approached royalty income (NT$1.89 billion), indicating that E Ink no longer needs to depend on royalties for growth.

Source: Taipei Times March 18, 2021 16:00 UTC