E Ink Holdings lowers its 2019 revenue guidance as demand for e-readers in the US declines
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.