E Ink is dying because of tablets

post from Ubergizmo on 09 February 2012 09:24:37 AM. © Ubergizmo

Amazon Kindle E Ink recently announced its financial results and it looks like the screen technology isn’t doing too well, thanks to the surge of interest in tablets. Apparently the company’s revenue for January was only slightly above $48 million ? 63% down year on year and 11% month on month, which is a pretty rapid decline. Despite that, the company is hopeful that its yearly results will show a 5% increase overall in revenue compared to last year.

While the Amazon Kindle proves that there is still life in E Ink (it’s still one of Amazon’s best selling products), the company definitely needs to innovate or come up with some sort of breakthrough soon. What do you think? Will E Ink displays be forgotten in a few years, or will there always be a place for it on the market?

By Ubergizmo. Related articles: Mirasol Displays Coming to Smartphones Also, New Kindle Ad Takes Jab at iPad,