I agree it isn't good news, but it is not necessarily as bad as it looks.
First off, it
appears (from yahoo) that the dollar has fallen by about 10% against their currency, which will account for a fair bit of the drop (I'd expect most things to be US dollar priced...).
Next, I thought that they made other products besides E-Ink displays -- it
could be that the drop is on other products. We just don't know enough to guarantee that the drop is all down to the E-Ink displays.
The Year to Date seems roughly equal. I don't know the periodicity of their order cycle (from just one year's information). If they are still expecting a 20% drop, I'd guess that they still have some decent orders expected.
Finally, they say:
Quote:
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as demand for niche products, including electrophoretic displays (EPDs), picked up
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and
Quote:
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weaker-than-expected demand in the small- to medium-size panel market
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which makes me think that their E-Ink displays are doing rather well....
But then, as I've said before I'm an optimist so the truth might be different!