E Ink has generated $26.6 million in profit for the second quarter of 2017. Gross margin stood at 39.48% for the six-month period, up from 35.16% of a year earlier. One of the big reasons E Ink is doing so well is primarily due to Boyue e-readers from JD in China and electronic shelf labels.
E Ink has reported that in the second half of 2017 they will be making significant revenue from a huge Amazon Kindle order and also cited an unknown e-reader that Alibaba Group is going to market. The overall sales of e-Book readers will start gaining momentum in China, India and other emerging markets towards the end of the year.
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.