E Ink Holdings says that Walmart has decdied to deploy electronic shelf labels at 500 stores in the US. The first stage will call for the installation of 60 million panels, in the next 12-18 months, and will be handled by E Ink's partner, SES-imagotag.
E Ink sees growing demand for its displays, and is planning a multi-year capacity expansion plan. The company expects its revenues next year to increase sharply following Walmart's orders, and it also expects a modest increase in 2023.
Posted: May 18,2023 by Ron Mertens