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Hanvon to Drop Tablet Price to Compete with iPad

CCID, 3/10/11

Wang Bangjiang, GM of Chinese e-reader and handwriting input peripherals manufacturer Hanvon (002362.SZ), recently revealed that as a consequence of the drop in the price of Apple's iPad following the release of iPad 2, Hanvon would have to lower the price of its upcoming tablet, the HPad.

According to widespread reports from e-reader sellers, following the iPad's price reduction, other high-end e-readers priced at RMB 2,000 or higher have experienced a sharp drop in sales.

Editor's Note: For more background on this topic, please see "Hanvon to Unveil 'HPad' Tablet PC" MD 1/05/11 issue.

Keywords: hardware Apple Hanvon tablet 002362.SZ iPad Wang Bangjiang HPad e-book computer pricing

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