E Ink Holdings (EIH) says that it plans to expand its Advanced Color ePaper (ACeP) e-paper production to more sizes and start offering such displays to e-readers in 2020. The company also hopes to find customers in fields such as retailing, smart traffic, logistics, medical care and education.
E Ink Holdings announced that it developed e-paper displays driven by OTFT backplanes - aimed for wearable and smart clothing applications. EIH is developing the OFTF backplanes in collaboration with AU Optronics.
EIH says that OTFT can reduce production costs as it can be produced at low temperatures and perhaps even using printing technologies. OTFT can also enable highly flexible displays. EIH will demonstrate OTFT EPD displays late this week at Touch Taiwan 2019.
E Ink Holdings Inc has lowered its 2019 revenue forecast, saying that revenues are expected to be 10% lower than in 2018 EIH says that the US-China trade ware has lowered demand for e-readers and e-notebooks in the US.
E-readers and e-notebooks amount to around 70% of EIH's revenues. The company is still optimistic about the electronic shelf label (ELS) market, and its shipments to that market are expected to grow 20-30% from 2018.
In 2017 HP announced its IonTouch system which enables cheap and easy "paperless" printing on small E Ink Cards. Fast forward to 2019, and now E Ink announced a new technology called JustPrintIt, which is based (and licensed) on HP's IoNTouch.
The JustPrintIt system is a "rewritable, digital, electronics-free display medium" that E Ink hopes to get adopted in smart office, transportation, retail, healthcare and IoT applications. Possible usage cases include ID badges, gift cards, loyalty cards, packaging, healthcare and public transportation cards.
E Ink announced that Landmark Hospitals of Florida has launched e-paper based patient and room information displays.
The patient information display (PID) and the room information display (RID) was developed by DCI, a Foxconn Health Technology Business Group Company. The E Ink displays will replace handwritten whiteboards with low-power and highly-readable displays that pull essential information from the Electronic Health Record (EHR) to clinical staff and patients areas, ensuring accurate communication and information exchange.
As Expected, E Ink Holdings (EIH) returned to profitability in Q2 2019 thanks to strong demand for e-paper displays for electronic shelf labels, e-readers and e-notebooks. Revenues in June totaled $45.67 million - up 19% from May but down 16.7% from June 2018.
EIH expects that the strong sales will continue in Q3 (fueled by peak-season demand).
As always, E Ink Holdings had an impressive booth at SID Dispalyweek, the premier display industry event, here's a nice video the company released showing the many displays that were demonstrated at the trade show:
E Ink Holdings is positive about the company's sales and earnings in 2019, and expects to return to profitability in Q2 2019 following a $3.4 million operational loss in Q1 2019. In the second quarter EIH saw increased shipments of e-paper displays for electronic shelf label (ESL),e-readers and e-notebooks.
In 2019 EIH managed to sign up more than 20 new customers in the education sector and is expecting to increase its e-reader and e-notebook sales to expand in H2 2019 and 2020 as well.
E Ink Holdings announced a strategic investment in Plastic Logic HK, a newly formed fabless flexible e-paper display developer and producer based on Plastic Logic's own OTFT driver technology.
Plastic Logic, originally spun out of Cambridge University, has years of experience with e-paper and OTFT technologies, and is currently owned by Russia's RusNano fund. Plastic Logic HK will work closely with E Ink and utilize EIH's supply chain and module facility to improve the cost structure of Plastic Logic's organic ePaper display modules.
E Ink Holdings says that it expects its electronics shelf label (ESL) display shipments in 2019 to grow 20-30% compared to 2018 - much lower than its previous estimates, due to the US-China trade war and a slowing macro economy.
E Ink Holdings is confident that its business will continue to be strong in 2019. Demand for e-readers will remain weak in H1 2019, which will result in a single-digit drop in total revenues.