E Ink Holdings, “E Ink” (8069.TW), the leading innovator of electronic ink technology, today announced it is renewing its Master Supply Agreement (MSA) with Plastic Logic, a designer and manufacturer of flexible, glass-free electrophoretic displays (EPDs).
This Agreement centers around flexible EPD production and with this partnership, the continued strength of the companies’ relationship to collaborate and accelerate the market adoption of ePaper displays.
E Ink and Plastic Logic have been cooperating to develop the EPD market for more than 10 years. Plastic Logic owns the leading OTFT technology that is suitable for developing flexible EPD devices in wearable applications. According to IHS, the flexible display market will grow to $15.5 billion in 2022 as the popularity of wearable and mobile devices with flexible displays increases. Plastic displays lend themselves particularly well to wearables as they’re light-weight, robust and require minimal power to function. They are a great choice for jewelry, watches and health monitors, to name a few applications.
“One of E Ink’s key market strategies is to partner with industry leaders to expand the use of ePaper in products and applications,” said Johnson Lee, President of E Ink Holdings. “E Ink is known for its leading edge technology in EPD development and manufacturing. We expect the partnership to leverage E Ink and Plastic Logic’s expertise to provide more flexible applications to our customers.”
“We are excited by this next phase in our partnership with E Ink. Signing the MSA creates mutually beneficial opportunities for geographic expansion, the penetration of new markets and the further acceleration of ePaper displays’ adoption in a multitude of applications,” said Tim Burne, CEO, Plastic Logic. “Our leading-edge plastic electronic technology, proven manufacturing process and can-do customer focus enables our customers to bring robust, flexible, functional, low-power glass-free display-based products to market, which creates exciting opportunities for market growth, differentiation and competitive advantage. We look forward to collaborating with E Ink on a number of customer projects over the coming months.”
The new MSA signed by E Ink and Plastic Logic provides a commercial framework for the two companies to operate, cementing an even stronger relationship and providing more choice and flexibility to their respective customers.
About E Ink Holdings
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, has transformed and defined the eReader market and is redefining the signage, architecture and design, mobile, wearable and retail markets with its ePaper technology, enabling a new multi-billion dollar market in less than 10 years. Its corporate philosophy aims to deliver revolutionary products, user experiences and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper displays as well as expanding the use of its technologies into a number of other markets and applications including smart packaging and fashion. Its Electrophoretic Display products make it the worldwide leader for ePaper. Its Fringe Field Switching (FFS) technologies are a standard for high-end LCD displays and have been licensed to all major liquid crystal display makers in the world. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information please visit www.eink.com.