Ford awards Soofa with $50,000 to deploy its E Ink signs in Miram-Date, Florida

Ford launched a City Of Tomorrow challenge in Miami-Date County, Florida - with a goal to improve mobility in the city. One of the two winners was Soofa - with its solar-powered benches and information display signs. Sofa was awarded with $50,000 and will deploy its signs in up to three neighborhoods in the county.

MIT E Ink Soofa Sign photo

Soofa uses 32" E Ink displays (and a system developed by Visionect) to show bus and train arrival times, alternative modes of transportation available and also local events and activities.

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. Q4 revenues are expected to be

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).

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 reports improved earnings in Q2 2018

E Ink Holdings reported its Q2 2018 financial results. Operating losses decreased to only $1.73 million (down from $8.5 million in Q1 2018). Royalty income increased almost 80% to $25.8 million - which results in a net profit of almost $28 million.

E Ink says that it expects revenues to grow at a faster rate int he second half of the year, and the company also approved a new plan to streamline its management and improve its operational efficiency.

E Ink Holdings reported an operating loss for Q1 2018

E Ink Holdings posted an operating loss of $8.8 million USD in Q1 2018, as it faces a slowdown in e-reader sales and as it increased its operating expenses by 14.3% (this includes the $30 million investment in SES-imageotag). E Ink says that this loss was in line with its expecations, as it knows e-reader vendors are now updating their models and shifting to larger screen sizes (larger than the current 6-inch models).

E Ink says it expects its results to improve in the current quarter, and it believes its 2018 results will be better than its 2017 results.

E Ink sees lower demand for e-reader displays in the first half of 2018

E Ink Holdings say that it expects low demand for e-paper displays in the first half of 2018, as the e-reader market is set for a low season as customers are transitioning to new models and are not ordering new displays (but rather use these in their inventories). E-reader displays account for about 70% of E Ink's revenues in 2017.

Bookeen Saga photo

Displays for e-notebooks and electronics shelf labels are expected to grow in the period, but apparently this won't be enough to offset the low demand for e-reader displays.

Bodle secures over $8 Million in Series A funding

UK-based Bodle, startup developer of the SRD (Solid-State Reflective Displays) technology that promises to combine bright and vivid colors with low energy consumption, has raised £6 million (around $8.45 million USD) in Series A funding.

An early Bodle SRD display prototype photo

The round was dominated by Parkwalk Advisors, with participation from Woodford Patient Capital Trust, and returning backers Oxford Sciences Innovation and the Oxford Technology and Innovations EIS Fund (OTIF).

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.

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 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.