Global ePaper Industry Weekly Bulletin #12|E Ink Adjusts Revenue Forecast By | Updated: 2023-11-21 22:18:35

E Ink adjusted its revenue forecast for 2023 due to the continued inventory surplus of the three-color ePaper displays used in electronic shelf labels (ESL) by its supply chain partners.

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Quadrant Lab, in collaboration with the ePaper Industry Alliance (EPIA) has launched the Quadrant.ePaper weekly bulletin, aiming to provide readers with insights on global industry innovations and the latest news on the ePaper industry and connecting the global IoT ecosystem.

01E Ink Adjusts Revenue Forecast for 2023

E Ink adjusted its revenue forecast for 2023 due to the continued inventory surplus of the three-color ePaper displays used in electronic shelf labels (ESL) by its supply chain partners. Johnson Lee, Chairman of E Ink, stated that the supply chain partners’ inventory will return to normal levels by the end of the first quarter of 2024, with a rebound expected in the second quarter. E Ink expects the penetration rate of electronic shelf labels to increase from single digits to double digits once the rebound begins.

Meanwhile, E Ink mentioned that plans by some eReader and eNote manufacturers to use color ePaper displays have been delayed until next year, resulting in a slowdown in demand for new ePaper displays. Customers who have already launched color eReaders and eNotes have reported a sales surge of 30% to 40%, which is encouraging. E Ink anticipates that the company’s performance will continue to grow in the long term.

02 GGtag, an ePaper Tag that Supports Sound Programming

GGtag, an ePaper label developed by Eurolan, is a compact, fun, and user-friendly device equipped with an RP2040 microcontroller and a 3.52-inch ePaper display. Users can create, edit, and share label designs on GGtag’s web interface and directly program them onto the device from the browser. It has built-in support for QR codes, images, and FontAwesome icons, and can be programmed directly from the browser interface through sound or USB. GGtag also supports USB serial programming and can simulate 125 kHz RFID tags (amplitude shift keying and frequency shift keying). Currently, GGtag is available for crowdfunding on Crowd Supply and is supported by the global electronic design program Microchip Get Launched.

03 Reviver Partners with AutoNation to Expand the Availability of Digital License Plates

Digital license plate developer Reviver has announced that the state of Arizona in the United States has been added to its list of collaborations with AutoNation, the second-largest automotive retailer in the country. Reviver will now offer sales and services for its Reviver RPLATE digital license plates in the merchandise and accessories area of AutoNation stores in Arizona. This partnership allows Reviver RPLATE to expand its distribution channels beyond California.

The key features of Reviver RPLATE digital license plates include an ePaper display with customizable messaging, location tracking, easy registration updates through the app, real-time vehicle movement alerts, and tamper-proof installation. The battery-powered Reviver RPLATE digital license plates have a battery life of up to 5 years.

04 ZetaDisplay to Develop Digital Signage Solution for 220 Stores

Integrator ZetaDisplay has reached a multi-year framework agreement with Swedish grocery chain Hemköp to develop a new digital signage solution for its 220 stores. ZetaDisplay has redesigned the digital signage network, taking into account the customer journey of each Hemköp store, using different types of displays, locations, and content to enhance the effectiveness of information delivery and ensure significant ROI. The Hemköp team believes that ZetaDisplay’s solution will help them better communicate with customers and improve marketing through optimized technical settings, creative content, and messaging.







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