Wednesday, September 23, 2009

Best Buy and Verizon Jump Into E-Reader Fray

September 23, 2009


The budding market for electronic reading devices is about to get two powerful new entrants: Best Buy and Verizon.

On Wednesday, iRex Technologies, a spinoff of Royal Philips Electronics that already makes one of Europe’s best-known e-readers, plans to announce that it is entering the United States market with a $399 touch-screen e-reader.

Owners of the new iRex DR800SG will be able to buy digital books and newspapers wirelessly over the 3G network of Verizon, which is joining AT&T and Sprint in supporting such devices. And by next month, the iRex will be sold at a few hundred Best Buy stores, along with the Sony Reader and similar products.

By all accounts, e-readers are set to have a breakout year. Slightly more than one million of them were sold globally in 2008, according to the market research firm iSuppli. The firm predicts that 5.2 million will be sold this year, more than half of them in North America, driven by the popularity and promotion of the Kindle, which is available only through Amazon’s Web site.

Best Buy’s involvement could give an additional lift to sales. Starting this week, Best Buy is training thousands of its employees in how to talk about and demonstrate devices like the Sony Reader and iRex, and adding a new area to its 1,048 stores to showcase the devices. Best Buy previously sold e-book devices only on its Web site and in limited tests in stores.

“The e-reader has high awareness, but most people have still not seen or touched or played with them,” said Chris Homeister, senior vice president for entertainment at Best Buy. “We feel that this is a technology that is beginning to emerge and that we can bring a unique experience to the marketplace.”

http://www.nytimes.com/2009/09/23/technology/internet/23ebooks.html?_r=1&hpw

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