From TechEye:

The world’s largest e-reader display manufacturer posted record high results last quarter, and declared that e-reader devices are “recession-proof” in the run up to the holiday season.

E-Ink Holdings, which produces the displays used in 90 percent of the world’s e-readers, has reported growth of 20.6 percent from the second quarter, hitting $74.5 million.

According to the Taipei Times this pushed net profits for the whole of the year to $174.3 million, meaning an 18.8 percent increase from the same point last year.  This meant the firm notched up record earnings of $0.161 (NT$4.86) per share.

Chairman Scott Liu said that the figures show that growth will continue in the run up to Christmas.


The TeleRead community values your civil and thoughtful comments. We use a cache, so expect a delay. Problems? E-mail