Nov 29, 2010 09:14 GMT  ·  By

It seems that E Ink has been going through very favorable times lately, what with all the sales of e-paper screens, and it seems that the growing popularity of said devices will more than reflect upon its financial figures.

As consumers no doubt know, quite a few e-book readers have been showcased and/or released over the last year.

While some of them did come with less than ordinary displays, even LCDs with color, most of them stuck to the e-paper that E Ink deals in.

As such, the company appears to have reaped quite a few benefits from the growing use of its technology.

As Digitimes has it, E Ink's October revenues grew more than 30% sequentially, to NT$2.77 billion, while the Q4 revenues are expected to reach NT$9 billion.

The same report also says that E Ink Holdings (EIH) expects its monthly revenues in both November and December to be of over NT$3 billion each.

NT$3 billion is the equivalent of roughly US$98.37 million and is a figure that the company hopes to achieve thanks to the holiday sales, which should be strong.

A certain market rumor suggests Sony, the one that has had the longest relationship with E Ink and which was the first to commercialize EPD (electrophoretic display) by releasing e-readers, might once again start to sell e-readers on the Japanese market.

Another factor is the education market for e-readers, a segment that is just now taking off.

Nevertheless, most of the revenue should be delivered by the consumer and gift markets, aided by price-cut promotions.

Mostly, overall sales of e-readers for the whole of 2010 are expected to be of 10 million.

As for 2011, China may prove surprising, as Hanvon intends to ship more than one million e-readers in 2011. Of course, all makers of e-readers intend to keep going strong throughout the year and beyond.