Taipei Times
Date: Aug 25, 2018
By: Lisa Wang  /  Staff reporter

E Ink Holdings Inc (元太科技), the world’s No. 1 supplier of e-paper displays, yesterday said that revenue this year would be little changed from last year’s NT$15.2 billion (US$494 million), as growing uptake of electronic shelf labels and e-notebooks would offset a slump in e-reader demand.

E-reader customers this year are adjusting their product portfolios to changing demand, but the rough transition is cutting demand for e-paper displays, the Hsinchu-based company said.

E Ink supplies e-paper displays for Amazon.com Inc’s and Rakuten Kobo Inc’s e-readers. E-paper displays used in e-readers and e-notebooks made up 70 percent of E Ink’s total revenue in the first half of this year.

“We still believe e-readers are a business with consistent growth. This year is an exception. Next year, the e-reader market will resume high-speed growth as experienced over the past few years,” E Ink president Johnson Lee (李政昊) said at an investors’ conference.    [FULL  STORY]