Acer decides to hold back on e-book reader

James Delahunty
23 Feb 2010 18:53

Acer has decided to halt its efforts to develop and market an e-book reader to compete with Amazon's Kindle, Sony Readers and now, Apple's iPad. The company only revealed last month that it was working on an e-book reader with the intention to launch in mid-year, but has had a change of heart and now would prefer to sit back and watch how the market develops first, Acer chairman Wang Jeng-tang said.
He said that the hardware is standing by, just in case the market does prove to be successful. Jeng-tang said that the question is whether or not e-book readers can break away from their current niche market and into the mainstream. Until consumers clearly display that they are willing to open their wallets to buy e-book readers, Acer does not see the business as being profitable.
The head of Acer's IT Products division, Jim Wong, revealed its efforts and intentions for an e-book reader in late January, but at the time did hint that Acer might adjust its product line-up based on what new device Apple would bring to the market this year. Just six days later, Apple launched the iPad, which the company asserts is a perfect solution for e-books.

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