E-ink is Back in the Red in Q1 2014

The generalrollable e-ink decline in ereader sales and lackluster economy hit E-ink in the pocketbook last quarter.

The screen manufacturer reported yesterday that they lost NT$603 million ($19.9 million USD) in Q1, up from NT$490 million in the first quarter of last year, due to seasonally weak demand. Revenues for the first quarter of 2014 totaled NT$2.96 billion ($199 million USD), or about half of the revenues for the last quarter of 2013.

E-ink also reported that they were in the red in the first three quarters last year, but earned a net income of NT$1.01 billion in the fourth quarter largely due to a seasonal spike in ereader sales.

Taipei Times

 

 

About Nate Hoffelder (11594 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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