Fri, November 26, 2010
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Sony returns to e-books in Japan

2010-11-26 08:44:03 GMT2010-11-26 16:44:03 (Beijing Time)  SINA.com

Japan's Sony is returning to the domestic e-book market next month, in time for the year-end shopping season.

The consumer electronics giant is also hoping to establish a foothold in a market that has yet to take off among Japan's readers.

Despite interest among space-constrained Japanese residents, Sony left the e-book market in 2007, mainly due to a lack of content.

Unlike elsewhere, Japan's publishers have been slow to embrace the technology.

Sony is now counting on demand for its local content of 20,000 mainly Japanese titles from its Reader store, to head off rivals like Apple and Amazon.

Amazon's Japanese Kindle is expected to be launched only next year, while the iPad has been gaining traction since its launch earlier this year.

Sony's return comes amid intense competition in e-book markets overseas, with the company's marketing president Nobuki Kurita eyeing half of the untapped Japanese market

SOUNDBITE (Japanese) SONY MARKETING DIVISION PRESIDENT NOBUKI KURITA SAYING:

"We would like to sell 300,000 units in the first year of production. In the E-readers industry, specifically in E-readers, we expect those which use E-ink will exceed one million and depending on growth, we hope to be able to secure about 50 percent of market share"

Sony's Reader Pocket Edition and Reader Touch Edition will be available from Dec 10.

Each stores about 1,400 books and will retail for between $240 and $300.

(Reuters)

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