E-ink Reports Net Profits Up 59% in 2011
Your favorite screen tech company released their end of year financial statements today, and the news is mixed.E-ink continues to dominate the ereader market, reporting net profits of NT$6.53 billion (US$220.85 million) in 2011.
The company also noted that their gross margin dropped to 28.7% in Q4, largely due to an increase in shipments of screens from Hydis, an LCD sub. The FFS screen developed by Hydis and used on the NookColor, Galaxy Tab, and other high end tablets is quite popular but not as profitable as E-ink EPD screen.
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