CHANGES: E Ink Holdings blamed the loss on clients shifting to larger-screen models and higher expenses, including a 26 million euro equity investment in SES-imagotag

Taipei Times
Date: May 22, 2018
By: Lisa Wang  /  Staff reporter

E Ink Holdings Co (元太科技), which holds a dominant position in the world’s electronic paper display market, yesterday posted its first operating loss in about eight quarters as e-reader sales slowed due to product transition and operating expenses rose.

The results were largely in line with the company’s expectations, as e-reader clients revamp their models and shift to screen sizes larger than 6 inches.

However, E Ink expects growth momentum to pick up later this quarter from last quarter’s NT$2.99 billion (US$99.69 million), bringing it back on track with its full-year revenue forecast.

Nearly 70 percent of the company’s total revenue last year came from e-paper displays used in e-readers.    [FULL  STORY]