Nook Color 2: Rumors of imminent launch

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eReaders have been a major success over the last couple of years led mainly by the Amazon Kindle and Nook Color. There are many who also use the likes of the iPad and other tablet PCs to read digital eBooks, but some consumers prefer a dedicated eReader. Today we have news of a Nook Color 2, with rumors of an imminent launch.

Since it was first released the Barnes & Noble Nook Color device has been highly praised by critics and owners alike. The eReader is great for reading all your eBooks but with a few tweaks can become a nice little Android tablet. Now according to TechCrunch the company is currently working on a new version that could even be available sometime this month.

Also See: Barnes & Noble Nook sales struggle against Amazon Kindle

Currently specifications for the new Nook Color are thin on the ground, but it is believed to have the same sized display at seven inches. Suppliers of components are reportedly ready to ship the parts for the device, with TPK Holdings are rumored to supply the units touch panels. The eReader is allegedly going to be assembled by a company called Inventec.

There are also claims that E Ink are going to provide back plates for the new Nook, but if true besides being the first mass produced unit to offer a color e-paper display, it will put an end to the devices tablet potential.

Many owners easily get a custom Android ROM onto their Nook Color, which has helped push up sales even further for the device. Having a color e-paper could jeopardize this option even though battery life could possibly improve. If this were the case owners of the current Nook Color may avoid buying into the new model.

With the amount of new tablets PCs coming out in the next few months including Amazon’s new device, will increase the competition eReaders face. The Amazon device is rumored to cost around $200-$250 so will bring it a little nearer to the cost of an eReader.

Do you have a Nook Color?