EIH sales rise 7.8% in Q3 to reach $158 million

E Ink Holdings (EIH) reported its financial results for Q3 2017, with revenues of $158.8 million (up 7.8% from Q3 2016 and 29.8% from Q2 2017) and a net profit of of $38.8 million.

Bookeen Saga photo

E Ink says that these excellent results were due to a sharp increase in e-reader and e-paper notebook sales and improvements in operation efficiency and production yields. E-reader and notebook sales accounted for 70% of EIH's revenues.

LTS to utilize E Ink's new low-voltage displays to develop a smart medical patch solution

E Ink Holdings and and LTS (Lohmann-Therapie Systeme) AG announced a partnership to co-develop an e-paper powered smart medical patch solution. The Transdermal Therapeutic System (TTS), which delivers medication to patients directly, features an E Ink display to display the statue of the delivery system.

E Ink and LTS smart patch prototype photo

The current prototype that has been developed use a 2-inch E Ink display, a switch and a pressure sensor. The display has several options, including a timer, corrector and reminder. E Ink says that this is the first application to use E Ink's new low-voltage film that uses 50-70% of the typical driving voltage for E Ink displays, and so can be used with a smaller battery than before.

E Ink Holdings reported 4-year high revenues in September 2017

E Ink Holdings reported its financial results for Q3 2017, saying that revenues are at a 4-year high due to sales of 7" e-paper displays for Amazon's latest Kindle Oasis. Revenues reached just over $56 million, up 3.3% from August and up 11.3% from September 2016.

Revenues for Q3 2017 reached $158 million, up 29.8% from Q2 2017 and up 7.8% from Q3 2016. E Ink says that its smart labels, smart card and e-reader displays are all growing fast since the beginning of 2017. The company expects its electronic shelf label sales to peak in the second half of 2017 with a year-on-year growth rate of 20-30% in 2017.

E Ink and Plastic Logic renew their strategic supply agreement

E Ink Holdings and Plastic Logic have renewed their Master Supply Agreement (MSA). This agreement centers around flexible e-paper production and the two companies hope that this will strengthen their collaboration and help accelerate market adoption for flexible e-paper displays.

Plastic Logic has been working with E Ink for over 10 years, applying PL's OTFT technology to E Ink's displays.

San Diego Airport unveils the world's largest e-paper installation

The San Diego airport new rental car center building installed the world's largest e-paper installation called Dazzle. Design team Ueberall International used more then 2,000 solar-powered E Ink Prism tiles to create Dazzle.

The art program manager at the San Diego Airport says that this installation will be viewed daily by hundreds of thousands of airport visitors and motorists on the nearby Interstate 5 freeway. This is an example of a sustainable, programmable and exciting new art installation. The entire installation had a budget of $875,000, which is about $437 per panel, but of course the price of each panel also includes the wireless communication devices, solar panels, software and more.

EIH and Sony's Linfiny JV to commence operation soon, to focus on e-paper notebook products

In April 2017, E Ink Holdings and Sony Semiconductor Solutions announced a joint venture with an aim to develop, manufacture and market products that use e-paper displays. E Ink now reveals that the JV, called Linfiny, will officially commence operations towards the end of 2017.

Linfiny will focus, at least initially, on e-paper notebook products. Linfiny was setup with an initial capital of $13.9 million. Sony and EIH together hold 70% with the rest of the investment coming from venture capital funds. Linfiny aims to develop solutions that will shorten the time-to-market for its clients - it will not produce its own devices.

E Ink Holdings sees increase ESL and e-reader sales

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.

E Ink to ramp up electronic shelf label production in 2017

Digitimes reports that E Ink Holdings is ramping up its electronic shelf label display (ESL) production as the company expects double-digit growth in 2017. EIH recently began to ship smart label displays to Alibaba Group and JD.com subsidiaries.

E Ink Dev-Kits at SID 2016

E Ink shipped around 30-40 million ELSs in 2016, which is 50% of the total ESL market. Digitimes says that the company hopes to become an ESL supplier to Walmart and Amazon.

E Ink launches seven new Prism colors

In 2015 E Ink announced its Prism technology, which uses flexible E Ink materials to create large-area animated walls or furniture that can respond to input. Today E Ink announced it is adding seven new colors, which can be integrate together to create beautiful new Prism designs.

E Ink Prism - new colors (June 2017)

The new colors are Voyage (dark blue), Daydream (cyan), Blush (red), Sprout (green), Zest (yellow), Harvest (brown) and Waltz (black). E Ink sees applications for Prism in the commercial, hospitality, transportation, healthcare, retail and education markets.