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Apr 01, 2015

E Ink Holdings reported their results for Q4 2014, with NT$793 million ($25 million USD) in net profit. The company suffered from an operating loss of $951 million ($30 million USD), but had a net profit due to royalties from the high-res FFS LCD manufacturing technology (used for the first time in an Apple iPhone). Royalties amounted to $NT3.56 billion ($110 million USD) in 2014.

For the whole of 2014, E Ink's net profit dropped to $NT13 million ($420,000 USD) - down from $NT29 million ($930,000 USD) in 2013.

The companies sees a decline in revenue in the near future as the company decided to close two factories. But this will be offset by expected growth in E Ink's e-paper business. E Ink quotes an HIS market research, saying that e-reader shipments to North America are expected to grow a 4% CAGR over the next four years, from 8.1 million units in 2014 to 9.7 million units in 2018.

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