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2011-08-09

E Ink Holdings expects increasing e-paper shipments

Yenting Chen, Taipei; Adam Hwang
 
E Ink Holdings expects its e-paper shipments to continue growing through October, estimating total volume for the entire 2011 at 25-30 million units, according to the company.

The US and Europe have been the main markets driving E Ink's shipment growth, with demand for e-book readers not being impacted by growing popularity of tablet PCs, the company said.

E-Ink posted consolidated revenues of NT$2.851 billion (US$98.7 million) for July, rising by 20.03% on month and by 83.14% on year, while the January-July figure of NT$19.683 billion hiked on year by 69.22%.

E Ink has finished trial production of e-paper modules at its factory in Yangzhou, eastern China, and will start volume production later in August, with capacity expected to be fully utilized in September.

 

 
 

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