E Ink Expects Revenues of Over NT$3 Billion During December

With all the sales of e-readers, which mostly still stick to e-paper as their display of choice, one would expect makers of those types of screens to be getting high revenues, and this does seem to hold true for E Ink.

As end-users know, the market segment of e-readers has been rapidly growing ever since it seriously took off last year.

Most of them utilize so-called e-paper, displays known for lacking color but featuring a very low power draw.

E Ink is the prime supplier of such screens, so its revenues have been quite strong for months.

Since e-readers are expected to sell well during December, what with the holidays and all, e-paper panels should skyrocket as well.

Based on what has been found, E Ink is expected to see monthly revenues possibly pass the NT$3 billion threshold (NT$3 billion is the equivalent of US$100.32 million).

E Ink Holdings has had revenues of about NT$5 billion over the first three quarters of 2010, or so they say.

During the fourth quarter, however, revenues surged to NT$6 billion for just the October-November period.

If E Ink manages to gather another NT$3 billion or more in December, it will reach almost double what it achieved during each previous three-month period.

Currently, the major clients of E Ink holdings are Sony and Amazon, both of which are enjoying strong e-reader demand.

The company is also receiving TFT-LCD back panels form Chimei Innolux's 5G plant, something that has been going on since the third quarter.

The growing use of CMI and Hydis panels, usage that exceeds EIH's actual capacity, is another factor behind the assumption that EIH will gather over NT$3 billion in December alone.

Of course, since color e-readers have begun to appear, like the Nook Color that uses an LCD, it remains to be seen if this growing revenue trend continues.