What They Say
E Ink is planning a capcity boost according to the Taipei Times with capex of around $165 million to $200 million per year based on continuing growth in the demand for displays for electronic shelf labels (ESLs) which is offsetting weakening demand for e-reader and e-note products.
The shipments of e-reader modules could be 10 percent lower than E Ink’s estimates for this year, but they would still grow over last year, the company said.
E Ink expects the penetration rate of ESLs to surpass 10 percent this year, compared with about 5 percent in the past few years. The market could reach 30 billion or 40 billion units based on some customers’ calculations, the firm told the paper.
What We Think
Oh, the joy of diversified applications and industrial as well as consumer markets! (BR)
