Plastic Logic Raises $100 Million to Commercialize Electronic Paper

Plastic Logic (Cambridge, U.K.) says it will build the first commercial plant to manufacture flexible electronic display modules for “take anywhere, read anywhere” electronic reader products. The company has secured $100 million in equity finance for the plant, which will be built at Dresden, Germany. The facility will produce display modules for portable electronic reader devices—a market that is predicted to grow to 41.6 million units in 2010, Plastic Logic says. Plastic Logic: Building a new sector. The plant will initially have annual...

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