PVI and Chi-Mei-Optoelectronics (CMO) will collaborate on e-paper prodcution. PVI will use CMO's 5G production lines, which will result in cheap e-paper products.

Back in June, PVI agreed to purchase E Ink for 215M$. Now they are sweetening the deal: it will be a merge and not a purchase, and E Ink owners will receive 120 million convertible preferred shares that can be converted into common shares within 3 years, if the stock climbs from NT$50 to NT$80. Basically it means that it'll be worth another 240M$ if the stock climbs 60% within 3 years.