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Prime View International to Enlarge Yangzhou E-book Business

Posted on: Fri, 13 Nov 2009 07:10:00 EST

Symbols: CMIQF

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YANGZHOU, Nov 13, 2009 (SinoCast Daily Business Beat via COMTEX) --
CMIQF | Quote | Chart | News | PowerRating -- Taiwan display maker Prime View International Co., Ltd. (PVI, TPO: 8069) is set to construct more workshops for its highlighted e-book reader module production base in Yangzhou City, east China, according to the chairman Scott Liu.

The world's e-book reader market is expected to have a triple-digit annual growth in the future, said Mr. Liu, adding that his company's e-paper production capacity will run out in 2010. Thus, PVI acquired US-based E Ink Corp. earlier this year and plans to utilize a fifth-generation production line of Chi Mei Optoelectronics Corp. (TPE: 3009) in 2010.

With an over 90% share of the global e-paper market, PVI provides such products to Hon Hai Precision Industry Co., Ltd. (TPE: 2317), which produces about 80% of the world's e-book readers as an OEM.

In addition, a Yangzhou governor named Wang Yanwen said that the city would also start mass procurement of e-book readers when the prices became affordable to ordinary consumers.

Source: www.163.com (November 13, 2009)

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