Amazon to start Japan ebook business: reports

Oct 20, 2011
This file photo shows the latest version of US online retail giant Amazon's Kindle electronic reader. Amazon will start a Japanese-language ebook business as early as this year, the Nikkei business daily and Jiji press reported on Thursday.

US online giant Amazon will start a Japanese-language ebook business as early as this year, the Nikkei business daily and Jiji press said Thursday.

The company, which already has a strong retail presence in Japan, is in the final stages of talks with major Japanese publishers, the Nikkei said.

Amazon is also considering a launch of its Kindle reader for Japanese customers, the Nikkei said.

The company was hoping to start the business in time for the Christmas sales season, Jiji said.

Amazon's Japanese representatives declined to comment on the report.

Japanese publishers have been reluctant to provide content to Amazon over concerns that the retailer will sell ebooks at bargain prices, the Nikkei said.

The US firm however appears to be making headway in negotiations by proposing a framework in which the timing and scope of price cuts would be discussed with in advance, the business daily said.

Despite the buzz about ebooks in the rest of the world, has failed to develop the sector so far, offering only a limited number of book titles with several competing technological standards.

The Japanese was estimated at 65 billion yen ($846 million) in the year to March 2011, compared with roughly two trillion yen for and magazines, according to the Nikkei.

Explore further: Out-of-patience investors sell off Amazon

add to favorites email to friend print save as pdf

Related Stories

NEC, Lenovo in talks on joint venture: report

Jan 21, 2011

Leading Japanese and Chinese electronics firms NEC Corp. and Lenovo Group are in the final stages of talks to form a joint venture in the personal computer business, according to a report.

Sony to challenge Apple in Japan with e-reader

May 27, 2010

Sony said Thursday it will launch an e-reader in Japan and set up a platform for newspapers, books, comics and magazines, challenging rival Apple a day before its iPad goes on sale in the country.

Japanese firms in talks on microchip merger

Apr 16, 2009

Renesas Technology Corp. and NEC Electronics Corp. are in merger talks to create Japan's top chipmaker as they seek to survive the global recession, reports said Thursday.

Japan's NTT Data to buy US IT firm: report

Oct 21, 2010

Japanese telecom giant NTT's data communications unit plans to buy US IT firm Keane for 1.2 billion dollars as a strong yen and good earnings back Japanese firms' acquisitions, a report said Thursday.

Japanese publishers organise to discuss e-books

Mar 24, 2010

Japan's top book publishers Wednesday formed an alliance to harness the growing e-book market as Amazon's Kindle and e-book readers by Sony and other companies are set to battle for market share.

Toshiba to cut costs by $3.5 bln

May 24, 2009

Japanese electronics giant Toshiba plans to reduce fixed costs 10 percent more than previously announced, a news report said on Sunday.

Recommended for you

Out-of-patience investors sell off Amazon

Oct 24, 2014

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand ...

States ascend into the cloud

Oct 24, 2014

Seven years ago, the state of Delaware started moving computer servers out of closets and from under workers' desks to create a consolidated data center and a virtual computing climate.

Microsoft drops Nokia name from smartphones

Oct 24, 2014

Microsoft said Friday it was dropping the Nokia name from its Lumia smartphones, rebranding following the acquisition earlier this year of the Finnish group's handset division.

Amazon's loss makes holidays a question mark

Oct 24, 2014

Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.

User comments : 0