E Ink and ITOCHU Group Strengthen Their Collaboration to Move Towards a Sustainable, Paperless Office
BILLERICA, Mass.–(BUSINESS WIRE)–E Ink (8069.TWO), the originator, pioneer and global market leader in digital paper technology, today announced the launch of the ALTERIC NOTE by its customer ITOCHU Corporation for the Japanese market business-to-business (B2B).
In December 2021, E Ink announced that ITOCHU had joined the ePaper ecosystem, with ITOCHU’s first project to be their own branded eNote device, based on the product developed by Linfiny, a joint development between E Ink and Sony Semiconductor Solutions. The ALTERIC NOTE is the first product resulting from the collaboration and will be sold in Japan by Conexio, an ITOCHU Group company, to meet the needs of businesses undergoing digital transformation from a paper-intensive environment to a more sustainable solution with increased efficiency.
E Ink’s electronic paper, with its extremely low power consumption, can help companies achieve their goals of building products that help improve the environment and can meet their carbon neutral goals. ITOCHU has a corporate strategy to conduct business within the framework of the Sustainable Development Goals (SDGs) and believes that E Ink’s ePaper technology aligns closely with this corporate direction.
“We are excited about this first eNote device launched with ITOCHU,” said Naoki Sumita, President of E Ink Japan. “Japanese companies are looking to increase efficiency and reduce waste, and this product can help them do both. We look forward to new products with ITOCHU in the years to come.
“We are delighted to announce ALTERIC NOTE as the first collaboration product with E Ink,” said Hiroshi Kajiwara, COO, ICT Division, ITOCHU, “ITOCHU and Conexio will each distribute the device through their respective networks to meet the needs of customers in terms of digital transformation via ALTERIC NOTE.
Electronic notebooks, or eNotes, with E Ink’s display technology, provide customers with a writing experience similar to writing on paper, in addition to being lightweight and easy to carry. Additionally, E Ink’s reflective technology works on the same principle as paper, reducing eye strain for the device user. In November 2021, E Ink received the “Paper-Like Certification” from TÜV Rheinland, certifying that ePaper products offer a high level of reading and visual comfort.
In 2021, the international climate conference COP26 took place with the aim of ensuring global net-zero emissions by mid-century and keeping a maximum of 1.5°C warming within reach. Net zero means that the total emissions are equal to or less than the emissions removed from the environment. E Ink’s technology can help organizations achieve their net zero goals by saving electricity and reducing paper consumption for note taking and paper printing in an office or school.
E Ink studied CO2 effects of displays using paper or LCD versus e-ink displays. The results showed a significant amount of CO2 savings through the use of E Ink screens. For example, a financial institution with 125 branches saves 16.5 million sheets of A4 paper every year when it adopts an electronic note using E Ink technology, and contributes about 1,100 tonnes of CO2 reduction each year. Over the past 5 years, 130 million e-readers have been used worldwide, replacing the purchase of paper editions of books. It is estimated that paper books emit more than 100,000 times more CO2 compared to e-readers with an E Ink screen and LCD devices would emit more than 50 times more CO2 vs eReaders throughout this period. Over the past seven years, 600 million approximately 3-inch ESLs have been installed worldwide. Assuming the price and information changes 4 times a day, single-use paper price tags would create 32,000 times CO2 compared to ESLs using E Ink screens. Over the past 5 years, 900,000 digital panels have been deployed; those who use LCD screens emit 20 times more CO2 compared to digital signage using E Ink screens.
About E Ink Holdings
E Ink Holdings Inc. (8069.TWO), based on MIT Media Lab technology, transformed and defined the e-reader market, enabling a new multi-billion dollar market in less than 10 years. E Ink’s low-power products are ideal for IoT applications ranging from retail, home, hospital, transportation and more, allowing customers to place displays in places previously impossible. The company’s business philosophy aims to provide breakthrough products, user experiences and environmental benefits through the development of advanced technologies. This vision has led to its continued investment in ePaper displays as well as expanding the use of its technologies into a number of other markets and applications, including smart packaging and fashion. Its electrophoretic display products make it the world leader in ePaper. Its Fringe Field Switching (FFS) technologies are a standard for high-end LCD displays and have been licensed to all major liquid crystal display manufacturers worldwide. Listed on the Taipei Taiwan Stock Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, visit www.eink.com.
About ITOCHU Corporation and Conexio Corporation
ITOCHU Corporation (8011.TSE), one of the leading sogo shosha, engaged in domestic trade, import/export and overseas trade of various commodities such as textiles, machinery, metals, minerals , energy, chemicals, food, general commodities, real estate, information and communications technology and finance, as well as business investment in Japan and overseas. The company was founded by Chubei Itoh in 1858 and is based in Osaka, Japan.
Conexio Corporation (9422.TSE) is an ITOCHU Group company, dedicated to mobile phone retail/wholesale business fields and providing mobile, device and IoT solutions for B2B customers.