E Ink Holdings reports a 25.5% increase in net profits in 2018

E Ink Holdings announced that its net profit increased 25.48% to $84.6 million in 2018 as demand for high-margin electronic shelf labels (ESL) more than compenstated the lower demand for e-reader displays

E Ink Holdings is confident that its business will continue to be strong in 2019. Demand for e-readers will remain weak in H1 2019, which will result in a single-digit drop in total revenues.

E Ink shelf label displays in Seoul - a short report

In early March we conducted a 10 day trip to Seoul, to attend the OLED Korea 2019 conference (and a visit to some local display companies). One thing that we noticed during our trip is the adoption of E Ink shelf labels in stores.

We have seen E Ink ESL displays in Samsung retail stores (used to detail the new Galaxy S10 flexible OLED smartphone family), and in supermarkets across town. The ESL displays were used to display price and information (unfortunatly always in Korean) - and were nicely placed.

EIH reports strong demand for electronic shelf label, e-reader and signage displays

E Ink Holding's president Johnson Lee says that EIH expects to enjoy strong sales in Q4 2018 - and the growth momentum will continue in 2019. The increased sales will be driven by strong demand for electronic shelf label (ESL) products.

EIH's current production capacity is fully booked - and even though the company is increasing its capacity at its Linkou Taiwan plant, this will not be enough to meet the surging demand. EIH is now considering converting some of its production capacity at its US plant to produce ESL displays (the fab is currently exclusively making e-reader displays).

BOE demonstrates E Ink smart label displays

China-based display maker BOE demonstrated smart label displays using what seems to be E Ink displays:

BOE E ink smart lables (BOE IPC-2018)

This is the first time we hear of any E Ink project by BOE (one of the world's largest display producers). This demonstration was part of BOE's Global Innovation Partner Conference 2018 (BOE IPC-2018).

E Ink and Fujitsu Semi to co-develop battery-less energy-harvesting e-paper label reference board design

E Ink Holdings announced a new collaboration with Fujitsu Semiconductor to co-develop a reference design board for battery-less e-paper labels. The new board will be based on Fujitsu's UHF FRAM RFID LSI. Toppan Printing will also be a partner in this project.

The design board will use energy-harvesting technologies that will enable it to connect over distances of up to 20 cm without a power source. The companies target applications such as badges, ID cards, electronic shelf labels and logistics tags.

E Ink Holdings says ESL and e-notebook display shipments growth will offset the expected decline in e-reader display shipments in 2018

E Ink Holdings estimates that its 2018 revenues will be little changed from its 2017 revenues (of about $495 million) as growth in ESL and e-notebook revenues will offset the decline in e-reader demand.

E Ink says that its e-reader customers are "adjusting their product portfolios to changing demand" in 2018 - which reduces demand for new devices and thus demand for its e-reader E Ink displays. Next year, however, e-reader market growth is expected to resume.

E Ink says shelf labels displays will outsell e-reader displays by area in 2018

E Ink Holdings' president, Johnson Lee, says that demand for electronic shelf labels (ESL) displays is high - and in 2018 the company expects ESL displays to surpass e-reader displays in terms of area shipments.

This is very good news for EIH as the e-reader market has stagnated for years - and it is rather surprising for many as we have all been used to consider e-readers to be the main market for e-paper displays.

E Ink invests 26 million Euro in digital price tags developer SES-imageotag

E Ink Holdings announced a strategic collaboration with SES-imagotag, a developer of digital price tags. As part of this collaboration, E Ink invested 26 million Euro in SES, as it aims to expand its presence int he retail IoT market.

E Ink and SES-imagotag have collaborated for years, and implemented E Ink's Tri-color Spectra displays into shelf labels. This new industrial and sales partnership aims to accelerate broader adoption of electronic paper in smart retail applications.

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.