E-ink is Back in the Red in Q1 2014

The generalE-ink is Back in the Red in Q1 2014 E-ink Screen Tech 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 (9950 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

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