LG to launch Ebook reader

I just came across the following tidbit in an article on Samsung:

Samsung's local rival LG Electronics has also joined the ranks of the "e-book frenzy" with the new e-book strategies.

A senior executive at LG Electronics said it will expand its e-book portfolios with the help from its flat-screen affiliate LG Display.

"LG will launch a new product in April to take on Apple and Amazon. The product will be revolutionary," the executive said, citing LG Display's production ramp-up of e-papers.

LG Display is heavily betting on e-paper business at a time when most of major PC makers are jumping into the e-book market. The world's No. 2 flat-screen maker is supplying e-papers to Sony of Japan and Iriver.

"E-book and e-paper markets have higher potential. LG Display plans to increase our e-paper share to 20 percent by the end of this year. The partnership with PVI is just a starting point for us," an LG Display spokesman said.

About Nate Hoffelder (11214 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

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