What do you know about E-books?

The largest E-reader manufacturing country is China and the company that produces the most of these items is called Hanwang. There are 41 E-reader manufacturers in China and 3 in Hong Kong. The founder and chairman of Hanwang , Liu Yingjian, models his business on Apple's iPad. His company will share a 20/80 with the publishers. Hanwang is not part of Amazon and unlike Amazon the Hanwang book city (online library) mostly has public domain books. This means that the books do not have copyright over them meaning they do not ask for consent for selling books to customers. 

Hanwang has recently experienced a good relationship with lots of the popular Chinese Newspapers. They allow their customers to read newspapers and magazines. This is very popular amongst the users as they do not even need to get out of bed to get a Newspaper or a journal. Although, all is not well as three major publishing groups have made a stand against this powerful company. They are trying to promote their own e-reading devices which are attempting to compete with Hanwang.

In 2009, Hanwang sold 270,000 E-books and some estimated that sales would reach the 3 million mark. Many thought that these people were mad and that this business would not thrive. They were wrong as the total amounts sold surpassed this massively.