E Ink Holdings has announced consolidated revenues of NT$3.57 billion (US$118.11 million) for November, up 9% on year but down 33% on month. For the first 11 months of 2011, revenues totaled NT$36.84 billion, increasing 71% from a year earlier.

Some orders for November were shipped in advance in October on demand from clients causing revenue declines in November, company chairman Scott Liu explained.

However, shipments of EPD products in 2011 will meet the company's projection, Liu added.

E Ink is positive about the outlook for e-book readers and tablet PCs as the production value of e-books, e-magazines and e-newspapers is likely to reach US$9.7 billion in 2016, said Liu, citing data released by Juniper Research.

Source:digitimes