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PRIME VIEW INTERNATIONAL COMPLETES ACQUISITION OF E INK CORPORATION
TAIPEI, Taiwan & CAMBRIDGE, Mass. December 22, 2009– Prime View International ("PVI") (8069.TW), the world's largest supplier of ePaper display modules, today announced it closed its merger with E Ink Corporation, the leader in electronic paper display materials and intellectual property.
"PVI and E Ink are now one company and we are dedicated to deliver the world's best digital reading experience," said Scott Liu, Chairman and CEO of PVI. "Our integration efforts will make customers the central focus, so we can bring them innovative products at high volumes with top quality."
PVI's pioneering electrophoretic ink technology is used in electronic book readers, such as the Amazon Kindle, SONY Reader, and Barnes & Noble Nook; and in cell phones, signage, smartcards, memory devices, and battery indicators. The market for electronic book devices is among the fastest-growing segments of the consumer electronic industry. Research firm iSuppli forecasts that the fledgling market will grow from 1.1 million units in 2008 to over 18 million units in 2012.
About Prime View International (PVI)
Founded in 1992 by Taiwan's leading paper making and printing group YFY (1907.TW), Prime View International (8069.TW) is the pioneer TFT business in Taiwan. 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 display as well as its 2008 acquisition of Hydis Technologies, manufacturer of the world's best wide viewing angle LCDs. Listed in Taiwan's OTC market and the Luxembourg market, PVI is now the world's largest ePaper module maker supplying displays to the eBook market including the popular Sony Reader and Amazon Kindle. PVI also manufactures small and medium size LCD modules.
E Ink Media Contacts:
E Ink Corporation / US
Doug Russell or Bill Donlan
Asia Media Inquiries, PVI