E Ink Holdings expect revenues to fall due to weak e-reader demand

E Ink Holdings says that they expect revenues in Q2 to fall 5% to 10% compared to the previous quarter (in which revenues were $192.4 million). This is due to weak seasonal demand, mostly in e-book readers.

Analysts urge E Ink to strengthen its non-e-book businesses as the global e-reader market cannot achieve high shipment growth due to tablet popularity.

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Posted: Mar 30,2014 by Ron Mertens