E Ink says that Hanvon has adopted their color EPD, and will launch the first e-readers that use it in 4Q 2010. The display will use E Ink's latest Pearl EPD with a color filter. E Ink expects color e-readers to account for 10% of the global e-reader market in 2011.

Color E Ink prototypeColor E Ink prototype

E Ink has also posted their 2Q financial reports - revenues were $162 million, and their gross margin was 39.6%.

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