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.
Michael Kozlowski has been writing about audiobooks and e-readers for the past twelve years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times. He Lives in Vancouver, British Columbia, Canada.