E Ink expects the e-reader market to grow in the second half of 2012

E Ink said it expects its second half revenues to grow significantly from the first half - not just because of season factors - they expect new e-reader products in north america to re-ignite the e-reader market. E Ink also revealed that Rakuten (a Japanese e-commerce and internet company that owns Kobo) sold 100,000 e-readers in Japan since the launch last month.

E Ink plans to focus on non e-reader applications in the future to improve profitability. They expect demand for e-tags for convenience stores and supermarkets to "explode" next year.

Posted: Aug 09,2012 by Ron Mertens