Electronic paper display (EPD) based on electrophoretic principle requires ultra-low power and has superior optical contrast in direct sunlight.Since its successful commercialization in Sony e-reader product in 2004,the worldwide e-reader market has become increasingly attractive and is increased by more than 200% per year in the past several years.Recently,we have made a major step towards the realization of video & color electronic paper displays.The successful industrialization & commercialization of these e-paper displays will further broaden their applications beyond e-readers.In this presentation,we will report the recent progress and share our view on various applications.