e-paper tablet maker Remarkable raises $15 million

Remarkable, the company behind the reMarkable 10.3" 1872 x 1404 E Ink tablet has closed another financing round, raising $15 million from Spark Capital. This follows its $10 million seed rounds, and the company will use the new funds to accelerate its growth and launch R&D to develop future products.

Remarkable photo

The reMarkable's display is relatively fast (55 ms) and supports pen input. The device is based on a Linux OS and features include 8GB of storage, 512MB of RAM, a 1Ghz ARM A9 CPU, 3,000mAh battery and ePub and PDF file support. The reMarkable is now shipping for $599 (note: affiliate link to Amazon.com)

E Ink Holdings lowers its 2019 revenue guidance as demand for e-readers in the US declines

E Ink Holdings Inc has lowered its 2019 revenue forecast, saying that revenues are expected to be 10% lower than in 2018 EIH says that the US-China trade ware has lowered demand for e-readers and e-notebooks in the US.

E-readers and e-notebooks amount to around 70% of EIH's revenues. The company is still optimistic about the electronic shelf label (ELS) market, and its shipments to that market are expected to grow 20-30% from 2018.

CLEARink says it has over $300 million in confirmed e-paper order commitments

CLEARink demonstrated their latest color e-paper displays at SID Displayweek 2019, and following is an interesting interview with the company's CEO Frank Christiaens and CMO (our good friend Sri Peruvemba):

CLEARink latest displays are 9.7" (227 PPI) and supports 4,096 colors. Frank says that CLEARink has over $300 million in confirmed commitments, mainly from the educational market. The company hopes to bring its first displays to the market by 2020.

Ynvisible to acquire Sweden-based Consensum, a printed electronics contract manufacturer

Ynvisible was established in Portugal in 2010 to develop flexible transparent electrochromic displays produced using a simple printing method. In 2011 the company started producing sample products (we tested one in August 2012).In September 2018, the company has gone through a reverse take-over, and the now Canadian headquartered Ynvisible Interactive Inc. has inaugurated its new production line near Lisbon.

ynvisible electrochromic display structure

Ynvisible now announced that it is set to acquire Sweden-based Consensum Production AB, a contract manufacturer of printed electronics and hybrid systems. The Consensum team has accumulated over a decade of experience in roll-to-roll printing of different electronic components, including displays. The company operates a full-scale roll-to-roll production line and processes required for manufacture, converting and testing of printed electronics components and systems.

EIH will return to profitability in Q2 2019, expects increased shipments in 2019-2020

E Ink Holdings is positive about the company's sales and earnings in 2019, and expects to return to profitability in Q2 2019 following a $3.4 million operational loss in Q1 2019. In the second quarter EIH saw increased shipments of e-paper displays for electronic shelf label (ESL),e-readers and e-notebooks.

EeWrite E-pad photo

In 2019 EIH managed to sign up more than 20 new customers in the education sector and is expecting to increase its e-reader and e-notebook sales to expand in H2 2019 and 2020 as well.

E Ink announced a strategic investment in Plastic Logic HK

E Ink Holdings announced a strategic investment in Plastic Logic HK, a newly formed fabless flexible e-paper display developer and producer based on Plastic Logic's own OTFT driver technology.

Plastic Logic, originally spun out of Cambridge University, has years of experience with e-paper and OTFT technologies, and is currently owned by Russia's RusNano fund. Plastic Logic HK will work closely with E Ink and utilize EIH's supply chain and module facility to improve the cost structure of Plastic Logic's organic ePaper display modules.

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.

Lenovo invests in CLEARink, to jointly develop e-paper tablets

Color e-paper developer CLEARink announced that Lenovo has become an investor in CLEARink, and the two companies will jointly-develop next-generation tablet devices based on CLEARink's displays.

In 2018 CLEARink announced that it has signed a $10 million supply agreement with a leading tablet maker to start supplying tablet displays beginning in 2019. It is likely that this leading tablet maker is Lenovo, which has now became an investor in CLEARink as well.