E Ink Holdings reported its financial results for 2016, with the first operating profit in five years. The company was still profitable, due to royalty earnings, but now its operations are profitable too - in 2016 operating income was NT$61 million ($2 million USD).
The company's chairman says that the improvement stems from a better product mix, enhanced productivity - and the company's new asset-light policy and divestment from unprofitable business. E Ink quite the LCD market to focus on its e-paper technologies. New sales drivers are e-paper displays, electronic shelf labels and electronic signages. Demand from e-reader remains stable and E Ink actually expects annual growth in that market.
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Posted: Mar 30,2017 by Ron Mertens