The Russian government owned nanotechnology company Russnano is to invest $150 million in e-reader screen manufacture.
The Financial Times reports screens manufactured in Russia will be sent to Taiwan for assembly before export.
Russia appears to be a huge potential market for e-readers. Russians download books onto any device they find-- from laptops to mobile phones and iPads.
Even though Russians are avid readers, a number of high profile book retailers went bankrupt following the economic crisis. E-book sales, however, remain bouyant and are only expected to grow further as the Russian economy recovers.
Ths goes to show e-readers are growing as their own device category, following the Kindle's success and readers' acceptance e-ink displays.
