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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



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