E-Ink has just released its financial data and it is very telling on how successful the e-reader segment has become. The company reported its June parent sales of NT$1.84 billion and consolidated sales of NT$ 2.38 billion, up 73% and 40% Year-on-Year respectively. Its year-to-date consolidated sales was NT$17.01 billion, up 67% Year-on-Year.
Although the second quarter of the year is traditionally the slow season for most companies, E-Ink has experienced record profits. This stems from many new electronic readers being issued in the last few months. Kobo, Barnes and Noble, and Amazon have all released new technologies that have been proving to be very popular. The common factor is all of these companies utilize e-ink screens in their units.
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten 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.