E Ink Holdings reported its financial results for Q3 2016. Net income was NT$509 million ($US 16 million), a 35% drop from Q2 2016. This drop in earnings was mostly due to lower patent royalty income from its LCD business.
E Ink is exiting the LCD market, and the company expects that all revenues in 2017 will come from e-paper displays. The company's main growth driver in the next few years will be electronic shelf labels.
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Posted: Nov 16,2016 by Ron Mertens