IT House News on July 20th, according to Taiwan media "Economic Daily", Li Zhenghao, the chairman of E Ink, an electronic paper giant and Taiwanese company E Ink, said at a forum today that Yuantai Technology took advantage of electronic paper and joined hands with Sony to create an electronic paper book reader. Just as Amazon wanted to use the reader to reverse the book industry, it encountered Apple's iPad competition for the market. Li Zhenghao also said that Yuantai later relied on collecting patent fees and opened up a new blue ocean in the field of electronic labels.
Li Zhenghao introduced that Yuantai Technology cooperated with Sony to create a reader. In addition to providing hardware, it also cooperated with Adobe to launch the epub format, and only then did the standard format of e-books come into being. While digitalizing paper, the electronic paper book reader also maintains the characteristics of power saving and flexibility of paper.
Li Zhenghao said that when Bezos, the founder of Amazon, said that he would use the electronic paper book reader Kindle to reverse the book market industry, Yuantai Technology bought the South Korean panel manufacturer Hydis to increase production capacity, and also acquired E Ink, an upstream electronic paper material company in the United States.
However, just when Yuantai was optimistic about the benefit of electronic paper books from Kindle, Jobs launched the first iPad, which also caused the sales of Kindle to drop sharply.
Li Zhenghao said that Yuantai Technology chose to collect patent fees and invested in the electronic label market, successfully rebounding from the bottom. He said that now Yuantai Technology's annual patent fee income exceeds NT$30 billion (IT Home Note: currently about 6.96 billion yuan) , "probably one of the companies in Asia that can charge patent fees most." In the context of high global inflation, the retail industry is constantly adjusting product prices, and it is difficult to find manpower. There is still a lot of room for growth in electronic tags.
