Plastic Logic Nabs New Funding, Plans Plant in Russia

Plastic Logic, a start-up known for showing off (but not necessarily shipping) advanced e-book readers, said that it has finalized an investment deal to build a factory in Russia.

News Byte

Plastic Logic Gets Some Love From Russia

Plastic Logic, still working on a consumer e-reader after an abortive first attempt, today announced that a “significant investment” by RUSNANO (Russian Corporation of Nanotechnologies) will help it build a new volume fabrication plant in Russia for its next-generation plastic electronic displays. “Russia provides access to an enormous talent pool of scientists and engineers, and proximity to our European centers in Cambridge and Dresden,” said Plastic Logic CFO Rik Thorbecke.

Absolutely Fabless

If it’s true that “real men have fabs,” as Advanced Micro Devices Inc. Chairman W. J. “Jerry” Sanders III once said, then AMD is the semiconductor industry’s latest eunuch. This morning the chipmaker said it will spin off its manufacturing operations, splitting itself into two companies–one to design chips and one to make them.