E Ink Holdings reported its financial results for Q2 2017. E Ink's revenues were $121 million USD while profit totaled $31 million USD. EIH's gross margin increased from 35.1% in Q2 2016 to 39.5% in Q2 2017.
E Ink expects that electronic shelf labels sales will continue to grow in the rest of 2017. A report from China suggests that E Ink has orders from Amazon, the Alibaba Group and China-based jd.com. The same report also says that e-reader sales are expected to finally grow again as these readers are now entering the Chinese and Indian markets.
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Posted: Aug 16,2017 by Ron Mertens