E Ink Announces ITOCHU Corporation Joins E Ink ePaper Ecosystem | Your money
BILLERICA, Mass .– (BUSINESS WIRE) – December 16, 2021–
E Ink, “E Ink” (8069.TW), the Originator, Pioneer and Global Business Leader in Digital Paper Technology, Announces ITOCHU Corporation, a Leading Global Trading Company, Has Joined the Ecosystem E Ink ePaper for the expansion of applications using electronic paper in Japan and around the world.
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With 400 million electronic shelf labels (ESL) and 130 million e-readers in the market, and ePaper bus stop signs installed in more than 50 cities around the world, E Ink’s electronic paper, with its extremely low energy consumption can help cities improve the environment and meet their carbon neutrality goals. ITOCHU has a corporate strategy to conduct its business within the framework of the Sustainable Development Goals (SDGs) mandates and believes that E Ink’s ePaper technology closely aligns with this corporate focus.
Through their alliance, ITOCHU’s first ePaper project is their own branded eNote device, based on the product developed by Linfiny, a joint development between E Ink and Sony Semiconductor Solutions. ITOCHU will leverage its domestic and foreign networks and plans to sell the eNote device through its sales channels. Linfiny has created a powerful eNote device for use in schools, governments and businesses and allows some partners to create a white box and rename the device as needed.
“We are delighted with our partnership with ITOCHU,” said Naoki Sumita, President of E Ink Japan. “This relationship will allow products featuring E Ink’s ePaper to reach a wider audience in Japan and around the world. We are especially excited to see our ePaper technology bring benefits to both offices and schools and many new applications in the future. “
“The ePaper market will grow rapidly in the coming years,” said Hiroshi Kajiwara, COO of the ICT division, ITOCHU. “We hope to see a future filled with ePaper in stores and in our daily lives. “
Electronic notebooks, or eNotes, featuring 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. In addition, the reflective technology works on the same principle as paper, reducing eye strain for the user of the device. In November, E Ink received the “Paper-Like Certification” from TÜV Rheinland, certifying that ePaper products offer a high level of reading and visual comfort.
ENotes using E Ink have a battery life measured in weeks, compared to the hours of an LCD tablet, and allow organizations using these devices to manage and scan handwritten documents in the cloud, and ” open up new opportunities in the education market. The use of technology can help organizations meet their net zero goals by saving electricity and reducing their use of paper for note taking and paper printing in an office and school.
About E Ink Holdings
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, has 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 previously impossible locations. The company’s business philosophy is to provide revolutionary products, user experiences and environmental benefits through the development of advanced technologies. This vision has led to its continued investments in ePaper displays as well as the expansion of the use of its technologies in a number of other markets and applications, including smart packaging and fashion. Its electrophoretic display products make it the world leader in electronic paper. 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 Exchange (TPEx) of Taiwan and on the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper screens. For more information, please visit www.eink.com.
About ITOCHU Corporation
ITOCHU Corporation (8011.TSE), one of the main sogo shosha, engaged in domestic trade, import / export and overseas trade of various products such as textile, machinery, metals, minerals , energy, chemicals, food, general products, real estate, information and communications technology and finance, as well as business investment in Japan and abroad. The company was founded by Chubei Itoh in 1858 and is headquartered in Osaka, Japan.
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CONTACT: E Ink:
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: CONSUMER ELECTRONIC EQUIPMENT TECHNOLOGY
SOURCE: E Ink Holdings Inc.
Copyright Business Wire 2021.
PUB: 12/16/2021 9:00 a.m. / DISC: 12/16/2021 9:02 a.m.
Copyright Business Wire 2021.