E Ink stops production of liquid crystal displays

Company E Ink Holdings (EIH), in addition to electrophoretic displays, and produces liquid crystal displays for small and medium size. The production of this product factory occupied 2.5 G, located in the North of Taiwan. Recently, the manufacturer announced plans to cease production of liquid crystal displays. To do this he is going very soon, in early October. The company will be fully redesigned for the needs of research and development.

Of the 265 employees, the factory remains 75, and the rest will be able to choose between translation into the other businesses of EIH, retirement on favorable terms, or employment in another company in agreement with EIH. According to the source, EIH has informed the companies AU Optronics (AUO), Innolux, Taiwan Semiconductor Manufacturing Company (TSMC), Vanguard International Semiconductor (VIS) and Powertech Technology that will soon be able to send them about 200 specialists.

Source: Digitimes

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