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- About E Ink
|Company Name||E Ink Holdings Inc.|
|Industry Type||Optoelectronic / Electronic Paper Displays(EPD)|
|Principal Activities||Research, Develop, Manufacture and Sales of:
E Ink electronic ink, display module, and its components
|Date of establishment||1992-06-16|
|Date of Listing||2004-03-30|
|Principal Office||No.3, Li-Hsin Rd. 1, Hsinchu Science Park, Hsinchu 300, Taiwan|
|Number of Employees||2700|
|Stock Transfer Agent||SinoPac Securities Corporation|
Ladies and Gentlemen,
In 2017, under the joint efforts of our global team, E Ink Holdings (the Company) has seen continuous improvement in operational performance compared with the previous year. In 2017, the Company had consolidated revenue of NT$ 15.2 billion, gross profit of NT$ 6.28 billion with gross profit margin of 41.3% and net income after taxes of NT$ 2.08 billion. The earnings per share (EPS) for 2017 was NT$ 1.85.
The development of Internet of Things (IoT) applications in recent years is becoming more and more encouraging and widespread. Relevant applications have been probed to smart retailing (or new retailing), smart manufacturing, smart medicals and smart city, etc., which involve various business activities and daily-life uses. According to the market intelligence report issued by Gartner, a research and advisory company, there will be 20.4 billion devices for IoT applications in 2020. Numerous low powered end devices, integrate with software and hardware, will be installed in all kinds of circumstances to realize the real value of IoT applications. Most of the end devices, however, will need a display or a sensor as the interface between humans and the devices. ePaper, with the feature of low power consumption, is the most suitable display for IoT applications. Following such mega trends, E Ink has been aggressively conducting various actions not only promotes the use of ePaper in new application domains but works with the supply chain partners to build ecosystems for IoT applications .
The business achievements of the Company in 2017 were fruitful. The Company has been keeping continuing to dedicate for eReader business on the digital reading market and also concentrating on IoT applications such as the Electronic Shelf Label (ESL), smart tag, smart card, signage, mobile and wearable products. With the benefit of ePaper’s bistable and low power consumption capabilities, the Company has been supporting customers in these different application domains to introduce multiple innovative products. Among them, thanks to the dramatic growth on smart retailing applications in Europe, US and China, the ESL business has become one of the important growth engines to E Ink.
IoT applications as the basis of organizational operations, solid technology development and complete manufacturing capability were main drivers to the Company’s business growth in 2017. The Company has been also working aggressively with strategical partners in the ecosystems, integrating technologies and resources from upstream to downstream, and adopting the well-established ePaper supply chain to provide the customers comprehensive products and services including hardware, software, materials, components, manufacturing and development. The goal is to collaborate with the customers to develop and manufacture diversified multiple ePaper applications.
To continue the eReader's excellent reputation over the global market, the Company has successfully integrated the handwriting feature to eNote products. Collaborating with global brands, the handwriting embedded eNote has been providing paper-less, convenient, light-weighted and easy-edited reading and writing experience to users for education, office and professional applications. To strengthen the development on handwriting applications and facilitate the introduction of paper-less circumstances, the Company established a joint venture with Sony Semiconductor Solutions Corporation to plan, design, develop, manufacture, sell, distribute and license ePaper relevant products and applications. The new company also offers comprehensive solutions for customers in different application domains while the goal is to provide a convenient way of introducing ePaper products to shorten time to market.
The Company’s development and research deliverables on ePaper technology was also highly recognized in 2017 besides the fruitful business achievements. The 32” Color ePaper Display won the Taiwan Excellence Gold Award from the Ministry of Economic Affairs and the 6.1” Non-Geometrical Flexible ePaper Display for Wearables was awarded the Gold Panel Award- Best Product, from the Taiwan Display Union Association.
In addition, the Company has been devoting to corporate social responsibility (CSR) for many years. The Company helped elementary schools build a "mobile library of eBooks" derivative from eReader’s core value to share the company’s resources with society. Furthermore, the Company's "2016 CSR Report" earned the Golden Award of the electronic information manufacturing category from the 10th Taiwan Sustainability Awards.
To business growth, diversification of products, innovation of products, shortening time to market and creation of suitable ecosystems with partners for application domains are main focuses for the two main business segments, Consumer Electronics (CE) and IoT.
To technology development, the technology preparation for Advanced Color ePaper (ACePTM) will be completed for further commercialization and mass production. The Company will also continue to refine the technological performances of another critical technology- flexible display, as well as collaborate with supply chain partners to enhance manufacturing capability and increase manufacturing capacity.
To operations management, productivity increment by raising automation level is critical. Cost control and supply chain management are also main focuses in order to provide more timely delivery for customers by preventing the shortage on critical components in recent years.
The Company has been developing ePaper technology for years and obtained various technological breakthroughs which led to important critical patent assets. The Company manages a comprehensive ePaper supply chain from upstream to downstream as well as creates innovative, user-experience focused products developed with customers in different application domains. All of this puts the Company on a critical kernel role over the ePaper ecosystems. The Company will continue to devote resources to the research and development of products to keep its’ leading position in the global ePaper display industry through technological and innovative prowess. At the same time, the Company will continue to be actively devoted to corporate social responsibility and make contributions to society.
|Shareholders' Meeting||Date||Agenda||Handbook||Annual Report||Meeting Minutes|
SinoPac Securities Corporation
7, 8, &18F, 2 Chung Ching S. Rd., Sec. 1, Taipei 100,Taiwan
|Year||Cash Dividends||Stock Dividends|
|Ex Date||NT$ / Share||Ex Date||NT$ / Share|
You can access to the following links for the material announcements by entering the company code “8069”:
|Exchange||Taipei Stock Exchange|
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