E Ink Holdings - Page 5

E Ink Holdings announced a strategic partnership with custom LCD designer and producer Yes Optoelectronics. Under the new partnership, the two companies will research and develop ePaper modules, products and materials - and the agreement also includes sales and marketing support.

E Ink will supply its ePaper films to Yes Optoelectronics to develop and manufacture display modules. E Ink and Yes Optoelectronics will work together to expand ePaper product applications in the IoT space, including electronic shelf labels, smart labels, smart home, smart wearables, smart logistics, smart healthcare, smart transportation, industrial instrumentation and wireless communication.

E Ink Holdings says that it expects revenues in Q4 2020 to be somewhat stronger than its revenues in Q3 2020, as the COVID-19 pandemic continues to increase demand for e-readers, e-notebooks and electronic shelf labels.

EIH's Chairman Johnson Lee says that the company expects next year to be strong as well, and the company increased its capacity expansion plans for 2021 as it needs to be ready for stronger demand in the future.

E Ink Holdings says that the COVID-19 pandemic is increasing demand for e-readers and electronic shelf labels, and the company expects its 2020 revenues to reach a four-year high, when the company started to focus entirely on e-paper displays.

Due to the pandemic, consumers are buying more e-readers and tablets. Retailers are looking to adopt ESL solutions to avoid virus transmission routes as well as to enhance delivery efficiency.

Touch screen technology developer SigmaSense announced the closing of a $22 million Series A funding round, led by Foxconn. One of the investors in this round is E Ink Holdings.

SigmaSense develops semiconductor and software solutions for a new generation of high-fidelity sensing data enabling new human-machine interactions - from in-person touchless order kiosks for the hospitality industry to home entertainment, including reimagined interactive at-home learning and work spaces.

E Ink Holdings says that color e-paper will become more and more important for the company, and it is increasing its capacity as demand is growing - by the end of 2020 it will increase its capacity by 10-fold, and it is likely to increase production capacity further in 2021.

The company also provided a positive outlook for the 2nd half of 2020, as demand for electronic shelf labels (ESL) is increasing - in H1 2020 E Ink shipped as many ESL displays as it did in the whole of 2019. The company's chairman says that 4% of the world's retailers have adopted electronic shelf labels

E Ink Holdings announced a partnership with TCL's CSoT (China Star Optoelectronics) to produce 42-inch E Ink TFT backplanes at CSoT's 8.5-Gen production line. This will be the world's largest substrate E Ink TFT backplane facility.

Producing the backplanes on larger substrate will enable E Ink and CSoT to increase the efficiency and reduce the production costs. The two companies did not disclose when the new display backplanes will enter production.

eVideon announced a strategic alliance with E Ink Holdings to provide hospitals with energy-efficient ePaper whiteboards and digital patient door displays.

The companies says that the ePaper displays do not emit any unwated blue light, and will be particularly beneficial for patients who prefer sleeping in a dark environment. These displays can be powered by batteries or by power over Ethernet and so can be easy to install and maintain.

E Ink Holdings' CEO says that the company's color e-paper production lines are now running in full capacity. The company is increasing its color ePaper display capacity and will increase it by 10-fold before the end of 2020.

EIH says that in 2020 its color e-Paper products will account for 10% of its revenues.

E Ink Holdings has unveiled a new 10.3" foldable ePaper display. The company is working on foldable displays for a long time, and according to the CEO, "the crease issue on foldable display is improving".

E Ink Holdings announced that China-based Yiwu Qing Yue Optoelectronics has become a member of its ePaper ecosystem partnership. EIH says that Yiwu Qing Yue will be one of the main suppliers of Electronic Shelf Labels (ESL) modules to the retail market.

Yiwu Qing Tue will assemble ESL modules based on E Ink displays. EIH hopes the company will be able to increase its penetration into the Chinese markets.