E Ink Holdings Inc (元太科技), the world’s biggest e-paper display supplier, has become a strategic investor in Plastic Logic HK to develop flexible electrophoretic displays (EPDs) for wearable applications.
E Ink made the announcement on Wednesday in a statement which did not disclose the size of the investment.
Jih Sun Securities Investment Consulting Co (日盛投顧) said in a note on Thursday that, based on its information, E Ink would invest less than US$5 million in the fabless designer and manufacturer of flexible, glass-free EPDs to deepen their technical cooperation, but would not participate in Plastic Logic’s operations.
Formed by Russian state-run tech company Rusnano, Plastic Logic has been focused on organic TFT technology for nearly 10 years. The technology offers lightweight and robust backplane solutions for wearable devices.
E Ink’s major product line is e-paper, and the company delivers its products mostly as displays, which are modules consisting of e-paper, integrated circuits, touch modules and other components.
The company’s e-paper display-related end-market applications include e-readers, electronic shelf labels and notebooks.
From January to last month, the company reported cumulative revenue of NT$5.09 billion (US$160.2 million), up 5.93 percent from NT$4.51 billion a year earlier, thanks to robust demand for electronic shelf labels and a steady royalty income.
“With the advancement of E Ink’s materials, such as three-color e-paper materials and advanced color e-paper, the combination of color e-paper and organic TFT technology can be an attractive display solution for many wearable device manufacturers,” E Ink president Johnson Lee (李政昊) said in the statement.
“E Ink supports its ecosystem partners, including Plastic Logic, to help enlarge the market for e-paper applications to facilitate the vision of E Ink making every surface smart,” he said
Jih Sun said E Ink is using flexible e-paper displays in electronic notebooks, but the yield rate of the displays still has room for improvement.
The company’s strategic investment in Plastic Logic would enhance its development of flexible electrophoretic displays, the investment consultancy said.
Plastic Logic chief executive officer Tim Burne said in the statement that the company is the only one in the industry that can mass-produce organic TFT backplanes for electronic paper displays, and the partnership with E Ink would help it complete the last stage of transition to a fabless EPD business.
“Plastic Logic HK will be leveraging E Ink’s supply chain and module facility to improve the cost structure of Plastic Logic’s organic e-paper display module,” Burne said.
PRESSURE FROM THE US: Huawei said a decision by the US was ‘arbitrary and pernicious, and threatens to undermine the entire [technology] industry worldwide’ Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has stopped new orders from Huawei Technologies Co (華為) in response to Washington’s move aimed at further limiting chip supplies to the Chinese company, the Nikkei reported yesterday, citing multiple sources. The orders that TSMC took before the new ban and those that were already in production are not affected, and could continue to proceed if those chips could be shipped before the middle of September, the report said. TSMC, the world’s biggest contract chipmaker and a key Huawei supplier, on Thursday last week announced plans to build a US-based plant and on Friday added that
MediaTek Inc (聯發科), which designs chips used in mobile phones, yesterday launched its new 5G Dimensity 820 system-on-chip (SoC), targeting mid-range to high-end smartphones. The company expects the penetration of 5G technology to gain pace quickly this year and not be affected too much by the COVID-19 pandemic. MediaTek said it aims to expand its 5G chip portfolio this year to cover phones of varying prices after it shipped its first 5G SoC, the Dimensity 1000, last quarter. The Dimensity 820, made by Taiwan Semiconductor Manufacturing Co (台積電) on 7-nanometer technology, is designed for mid-range to high-end 5G phones. MediaTek expects to infiltrate the
TV and online retailer Momo.com Inc (富邦媒體) yesterday said it has set up a new logistics subsidiary, Fu Sheng Logistics Co (富昇物流), to oversee the company’s extensive shipping operations. Leveraging Momo’s 23 satellite warehouses and distribution centers nationwide, Fu Sheng will be in charge of executing the retailer’s same-day shipment plan for deliveries in Taipei, New Taipei City, Taoyuan, Taichung, Tainan and Kaohsiung, Momo said in a press release. Seeking to further shorten its supply chain, the company is to set up another seven satellite warehouses and distribution centers by the end of the year. “Fu Sheng has a fleet of 200 couriers
US-CHINA TENSIONS: The company said that it supplies self-designed chips to the Chinese company and, as such, is not affected by the latest US export restrictions Macronix International Co (旺宏電子) said it does not expect its shipments of memory chips to Huawei Technologies Co (華為) to be affected by the latest US export restrictions on the Chinese tech giant. “As long as the company [Huawei] places orders, we will ship [chips], unless the [Taiwanese] government restricts all Taiwanese companies from shipping” to Huawei, Macronix chairman and chief executive officer Miin Wu (吳敏求) said on Monday in Hsinchu. The US Department of Commerce on Friday took a further step to block chip supplies from non-US companies to Huawei by requiring foreign semiconductor makers to get US government permission before