May 2023

E Ink Holdings says that Walmart has decdied to deploy electronic shelf labels at 500 stores in the US. The first stage will call for the installation of 60 million panels, in the next 12-18 months, and will be handled by E Ink's partner, SES-imagotag.

E Ink sees growing demand for its displays, and is planning a multi-year capacity expansion plan. The company expects its revenues next year to increase sharply following Walmart's orders, and it also expects a modest increase in 2023. 

Papercast announced that Los Angeles County Metropolitan Transportation Authority (Metro) has selected its solar-powered digital bus stop displays to improve the customer experience for Metro’s transit riders in downtown Los Angeles.

LA Metro tested mutiple e-paper providers in LA locations for over 16 months, and has selected Papercast 13” and 23” solar powered e-paper displays to be installed onto existing LA Metro transit poles along its NextGen 204 line along Vermont Avenue. The intent of this installation is to assess how to implement a countywide model that improves the customer experience and builds ridership for Metro’s transit riders across the County.