E-Ink is the company responsible for e-paper found on the Kindle, Kobo and Nook e-readers. The Taiwanese company has just posted an operating profit of $5,437,895 for the second quarter. This is primarily due to big orders placed by Amazon and Kobo.
The second quarter is the first time E-Ink has been profitable for quite awhile. In the first quarter of 2016 the company posted a loss of $15.2 million.
Amazon placed a big order for their recently released Kindle Basic and white Kindle Paperwhite. Kobo also placed a giant order for the Kobo Aura One and Kobo Aura Edition 2.
Michael Kozlowski is the editor-in-chief at Good e-Reader and has written about audiobooks and e-readers for the past fifteen years. Newspapers and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times have picked up his articles. He Lives in Vancouver, British Columbia, Canada.