Earnings Are up at Your Favorite Epaper Screen Company

Earnings Are up at Your Favorite Epaper Screen Company e-Reading Hardware E-ink Holding, parent company of the screen makers E-ink and Hydis, posted their quarterly earnings earlier this week. E-ink are jokingly referred to as the most profitable screen maker, and this past quarter was no exception.

At a meeting with company investors, E-ink CEO Scott Liu reported that net revenues were NT$2.25 billion (US$74.57 million) during Q3, and that is up 20% over the previous quarter. The year-to-date net income  totaled NT$5.25 billion (up 19% over last year).

Epaper screens account for most of E-ink's business, with about three-quarters of the revenue coming mostly from the ereader market. Due to the delays Qualcomm have experienced in shipping the Mirasol screen, and the poor production quality of AUOptonics Sipix screen, E-ink has continued to dominate the ereader market, with around a 90% market share.

E-ink announced a few weeks back that they expected to ship between 25 million and 30 million units this year, and that was confirmed at the conference this week. “The figures supported our forecast that growth momentum will build up ahead of Christmas,” Liu said. “Surveys show that more consumers wish to own an ereader. The product is recession-proof because in bad times, people spend more time reading.”

E-ink CEO Scott Liu also said that he expected to see an increase in sales of the FFS screen produced by Hydis. Shipments were modest in the past months, but that will soon change. This screen, which is used in the NookColor and the upcoming Kobo Vox, is one of the 2 best LCD screens on the market. Its only real competitor is the IPS screen, which is used on the Kindle Fire, Blackberry Playbook, and premium tablets.


For more ebook news, subscribe to the RSS feed or the daily email newsletter. You can also follow me on Twitter: @thDigitalReader or find me on FaceBook.

About Nate Hoffelder (10079 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."

Leave a comment

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: