E Ink Expects Quarterly Rise


E Ink Holdings has said that it expects its revenues for this quarter to grow by 20% compared to Q2, although YoY growth will be mostly flat (from NT$4.3 billion ($135.8 million) in Q3’15). Seasonal demand will help to raise the company’s revenues.

Financial executive, Lloyd Chen, told an investors’ conference that gross margin is expected to be more than 30% this quarter, as the company is depreciating its low-margin LCD panel business, in order to ultimately exit the market.