LG and Iriver have joined forces and announced their $5 million partnership to build eReaders. The joint venture will be called joint venture will be called L&I Electronic Technology (Dongguan) Ltd and will be situated at Iriver’s plant in China with LG Display supplying the e-ink panels.
Iriver will be responsible for designing and producing the product designs and platform development. LG will only have a small majority stake of 51%.
Iriver hope to gain a stronger market presence in both the domestic and global e-book markets and LG hopes it will stand out in the market by securing a stable distribution line for its e-book displays, while also making its debut in the final product business.
Via inhabitat Via Engadget
Iriver will be responsible for designing and producing the product designs and platform development. LG will only have a small majority stake of 51%.
Iriver hope to gain a stronger market presence in both the domestic and global e-book markets and LG hopes it will stand out in the market by securing a stable distribution line for its e-book displays, while also making its debut in the final product business.
Via inhabitat Via Engadget
0 komentar