KINDLING PROFITS:E-paper display company E Ink is optimistic about quarterly revenue expansion, despite a predicted e-paper display profit downturn of about 70% this year
Date: Aug 29, 2015
By: Lisa Wang / Staff reporter
E Ink Holdings Inc (元太科技), which supplies e-paper displays for Amazon.com Inc’s Kindle e-reader series, yesterday said revenue would grow up to 10 percent this quarter from a year earlier on seasonal demand, while royalty income would further boost its profits.
The company relies on royalty income from licensing Hydis Technologies Co’s LCD manufacturing patents to flat-panel makers for profitability, as little profit is made from its core e-paper display business. [FULL STORY]