E Ink Holdings reports lower revenues and a loss in Q1 2016

E Ink Holdings reported its financial results for Q1 2016 - revenues were  NT$2.5 billion ($76.6 million USD) and the net loss was NT$272 million ($3.84 USD) - down from a net profit of NT$766 in Q4 2015 (but up from a loss of $1.23 billion in Q1 2015).

EIH says that its licensing revenues from Hydis FFS LCD technology is lower than it used to be because the display industry is shifting from LCD to OLED technologies.

EIH reports that 70% of its revenues come from E Ink displays sold to e-reader makers. The rest comes mostly from e-paper for electronic shelf labels and LCD displays.

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Posted: May 18,2016 by Ron Mertens