PVI remains bullish on electronic paper

[Alexander Turcic]

Electrophoretic displays (EPD) are becoming increasingly mainstream for their superb paper-like appearance and low power consumption. The Amazon Kindle and the Sony Reader are only two prime examples successfully using EPD technology. Hence PVI, the company who is behind the production of most EPD panels, has every right to believe that the market is "to grow 10 times over the next three years". Digitimes also reports:

PVI president YS Fu said clients' shipping schedules for EPDs remain unaffected by the sluggishness hitting the small- to medium-size panel market.

PVI chairman Scott Liu said the EPD market will double in 2009 and staggering growth is expected to continue through the next three years. Foreseeing insufficient capacity to meet the strong demand for EPDs, PVI last year determined that it was necessary to acquire Korea's BOE Hydis, which PVI has now officially taken over and renamed Hydis Technologies, Liu said.

Related: PVI: E Ink panel sales up, but cautious outlook, PVI revenues drop - weakening e-paper orders!