E Ink Holdings Inc (元太科技), which supplies e-paper displays for Amazon.com’s Kindle series, yesterday announced a strategic partnership with Chinese LCD panel maker Jiangxi Holitech Technology Co Ltd (江西合力泰科技) aimed at gaining a stronger foothold in China’s e-paper display market.
The partnership is the latest progress made by E Ink to promote its small-sized e-paper displays as demand for e-readers slows.
E Ink said it would collaborate with Jiangxi Holitech to expand the use of e-paper displays to mobile phones, retail electronic labels and digital price-tags, as well as to wearable devices, according to a joint statement issued in China.
Photo: Chen Mei-ying, Taipei Times
“The strategic cooperation with Jiangxi Holitech will help the company boost its market share and shipments of different segments of China’s e-paper display market,” E Ink chairman and chief executive officer Frank Ko (柯富仁) said in the statement.
Based on the agreement, E Ink is to supply e-paper displays and modules to Jiangxi Holitech as well as providing advanced technologies to help the Chinese firm develop end products that utilize its e-paper displays.
Two weeks ago, E Ink said Italian packaging supplier Palladio Group had adopted its e-paper displays for a smart packaging solution for pharmaceuticals to monitor the quality of medicines shipped to patients.
Last month, the company said Germany luggage manufacturer Rimowa had applied its e-paper displays to its electronic luggage tags, which provide the same information as paper luggage tags, but with extra benefits such as allowing passengers to update the information on the electronic tags via their smartphones.
E Ink said in August that revenue from e-paper displays for e-readers would drop to about 70 percent of its total revenue this year, while revenue from electronic tags, traffic signs and displays for mobile phones would make up a higher share of about 30 percent from last year.
In the quarter ending Sept. 30, E Ink’s revenue grew 7.87 percent to NT$4.39 billion (US$134.22 million), compared with NT$4.07 billion in the same period last year. The growth matched the company’s expectation of a 5 percent to 10 percent annual increase in revenue last quarter.
E Ink shares rallied 2.47 percent to NT$16.6 yesterday, outperforming the TAIEX, which rose 0.82 percent.
SELF-SUFFICIENCY: Alibaba is one of a number of Chinese firms that has answered Beijing’s call to invest in the development of cutting-edge technologies Alibaba Group Holding Ltd (阿里巴巴) yesterday unveiled a new server chip that is based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. The Chinese tech giant’s newest chip is based on micro-architecture provided by the SoftBank Group Corp-owned Arm Ltd, it said. Alibaba, which is holding its annual cloud summit in Hangzhou, China, said that the chip is to be used in its own data centers in the “near future” and would not, for the time being, be sold commercially. “Customizing our own server chips is consistent with our ongoing efforts toward boosting our computing capabilities with better
‘SHORT-TERM ECONOMIC PAIN’: A military takeover would only temporarily weigh on wafer production on both sides of the Taiwan Strait, IC Insights said Taiwan has more chip manufacturing capacity than any other economy in the world, US-based market information advisory firm IC Insights said in a research paper last week, cautioning that the nation’s strength could prompt China to attempt to take over Taiwan. Taiwan commanded 21.4 percent of global installed IC capacity, ahead of South Korea’s 20.4 percent, Japan’s 15.8 percent and China’s 15.3 percent, North America’s 12.6 percent and Europe’s 5.7 percent, IC Insights said. Taiwan is one of two countries that uses 10-nanometer technology or better to produce wafers, holding 62.8 percent of global capacity, with South Korea holding the remaining 37.2
AGGRESSIVE STEP: With the new processors, Apple is aiming at the high-end chips Intel has provided for the MacBook Pro and other top-end Macs for about 15 years Apple Inc on Monday took the most aggressive step yet to strip Intel Corp chips from its computers, announcing more powerful homegrown Mac processors alongside a total revamp of its MacBook Pro laptop computers. The company showcased the chips at an event called “Unleashed,” which also included its latest audio products. The new components, called the M1 Pro and M1 Max chips, are 70 percent faster than its M1 predecessors, Apple said. It also unveiled a redesigned MacBook Pro, adding larger screens, MagSafe charging and better resolution. With the new processors and devices, Apple is aiming squarely at the high-end chips that Intel has
PRICE SPREAD: Oil trading under the Brent futures contract is giving the US a hefty edge in pricing, increasing the rush to secure cheap fuel as winter approaches Asian demand for US oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. China and other Asian buyers have been snapping up supertankers of US oil for delivery next month and seeking more for December, some traders have said. Most buyers are seeking US grades that had recently slumped to the lowest levels in more than a year, with an added incentive after Beijing awarded millions of tonnes of crude oil import quotas. A wide spread between Brent and West Texas Intermediate (WTI) oil futures is accommodating higher US crude