E INK HOLDINGS INC. E Ink® Holdings, "E Ink" (8069.TW), the leading innovator of electronic ink technology, today announced an investment by its wholly owned subsidiary, Transcend Optronics Co. Ltd, in Wuxi Wei Feng Technology Co. Ltd “Wei Feng.” With this investment E Ink and Wei Feng will form a strategic partnership and join resources to expand the market and promote the use of ePaper in applications such as electronic price tags, electronic shelf labels and other applications. E Ink will provide technical support to Wei Feng in developing new ePaper based products and manufacturing capability.
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Johnson Lee (left), president of E Ink Holdings, and Bao Jin (right), chairman of Wuxi Wei Feng Technology, signed an agreement on January 27 to form a strategic partnership. (Photo: Business Wire)
“One of E Ink’s key market strategies is to partner with the industry leaders to expand the use of ePaper in products and applications,” said Johnson Lee, president of E Ink Holdings. “E Ink is known for its leading edge technology and patent portfolio regarding electronic ink. We expect the partnership to leverage E Ink’s expertise, and Wei Feng’s sales and market presence to provide more comprehensive services to our customers, especially as we enter new markets.”
“We are honored to form a strategic partnership with such an industry leader as E Ink,” said Bao Jin, chairman of Wei Feng Technology. “Wei Feng has been developing high quality E Ink based products for a number of years. Our R&D and business development capabilities will expand the market for ePaper based products, particularly for electronic shelf labels, industrial applications and smartcards.”
About Wuxi Wei Feng Technology
Wuxi Wei Feng Technology is a comprehensive service provider in the research & development, design, and sales of electronic paper displays. Since its inception, it has applied E Ink displays into all its product lines. In December 2015, Wei Feng officially changed its name to Wuxi Vision Peak Technology Co. Ltd.
About E Ink Holdings
Founded in 1992 by Taiwan's leading papermaking and printing group YFY (1907.TW), E Ink Holdings Inc. (8069.TW) has transformed and defined the eReader market with its ePaper technology, enabling a new multi-billion market in less than 10 years. Its corporate philosophy aims to deliver revolutionary products, user experiences, and environmental benefits through advanced technology development. This vision has led to its continuous investments in the field of ePaper displays as well as expanding the use of its technologies into a number of other markets and applications. Its EPD products make it the worldwide leader for ePaper. Its FFS technologies are a standard for high end consumer electronic products. Listed in Taiwan's GreTai Securities Market and the Luxembourg market, E Ink Holdings is now the world's largest supplier of displays to the eReader market. For corporate information, please visit www.einkgroup.com and for EPD information, please visit www.eink.com / tw.eink.com.
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