Eddie Chen

According to reports of an investor conference which appeared in the Taipei Times, e-paper specialist producer E Ink Holdings Inc. has announced lower sales and financial losses over the current and ensuing quarters, off the back of falling demand for its screens, found inside the Kindle and other e-readers. E Ink CFO Eddie Chen forecast revenue […]

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With tablet sales up year after year, ebook reader sales have been declining, much to the dismay of E-ink. This screen manufacturer is predicting that their revenues will decrease over this quarter and the next as a result of seasonal drops in ereader sales.

In a conference call with investors, E-ink CFO Eddie Chen reported that revenue is expected to decrease between 5 percent and 10 percent from last quarter's NT$5.86 billion ($192 million USD). With revenue at such a level

E Ink Holdings Inc (元太科技), which supplies e-paper displays for Amazon.com Inc’s Kindle e-reader series, yesterday said it may see losses this quarter and the next one because of weak seasonal demand.

Revenue is expected to fall by between 5 percent and 10 percent from last quarter’s NT$5.86 billion (US$192.4 million), chief financial executive Eddie Chen (陳彥松) told an investors’ conference.