Digitimes reports that PVI is planning to invest $500 million to expand its E Ink production business in China. PVI will also collaborate with Fnashu.com and Phoenix publishing for content development.

PVI's plan is to turn Yangzhou into a E Ink production hub, and the investment will cover all sectors: from material supply to device development. PVI hopes that other companies will follow suit and invest in e-paper production in the area.