E Ink Holdings, a leader in e-paper innovations, held its regular shareholder meeting on May 29th, approving a 2024 dividend of NT$4.5 per share. The company’s 2023 financial performance, with a consolidated revenue of NT$27.12 billion, an operating profit margin of 26.9%, and a net profit margin of 29%, reflected steady growth despite challenging market conditions.
E Ink’s shareholder report highlighted significant advancements in e-paper technologies throughout 2023. These developments include the E Ink Spectra 6 full-color e-paper, E Ink Kaleido 3/E Ink Kaleido 3 Outdoor color printing e-paper, E Ink Gallery 3 full-color electronic paper, and E Ink Prism 3 color-changing electronic paper. These technologies have enabled the introduction of various color e-paper products to the market, verified and adopted by numerous customers.
Looking ahead, E Ink plans to focus on expanding its full-color e-paper mass production. Consumer electronic applications, such as color e-book readers and e-paper notebooks, are expected to drive a wave of color replacements. In the IoT sector, the transition to color technology for electronic shelf labels (ESLs) is complete, with adoption expanding from Europe to American supermarket chains. Additionally, E Ink is developing larger e-paper signage suitable for both indoor and outdoor use, emphasizing ultra-low carbon, environmentally friendly solutions.
To support these advancements, E Ink is enhancing its production capacity. The new building at the Hsinchu factory, scheduled to open in the second quarter of 2024, will bolster R&D and production capabilities.
E Ink remains committed to its sustainability goals, aiming for net zero carbon emissions by 2040 (Net Zero 2040) and 100% renewable energy use by 2030 (RE100 2030). By the end of 2023, E Ink achieved 36% renewable energy usage across its global operations, with notable progress in its factories and business offices in the US, China, Japan, South Korea, and Taiwan.
As E Ink continues to innovate and expand, its dedication to both technological advancement and sustainability positions it for continued success in the e-paper market.
