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grimo1re · 11-04-2008, 07:26 AM

The South China Morning Post (subscription site) is running an article about a Hong Kong listed company called Founder GlobalTech and their hopes for their DRM system. There is some interesting info scattered in the article.

Here's a summary:

Founder GlobalTech, a player in the biometric security market, has developed a digital rights management system and expects its DRM technology will help Chinese publishers develop e-books, the South China Morning Post writes citing managing director Eric See. "There is a huge business opportunity in the e-book market. The average production cost of an e-book is about HKD 10, while a printed version may cost HKD 100 to HKD 200," See said.
The Hong Kong government set up a working group recently to push the development of e-books and other e-learning resources. "Our DRM technology can be used to encrypt an e-book so publishers and intellectual property owners are protected from unauthorised duplication," See explained.

In July last year, Founder GlobalTech and e-book vendor Guangbo Media launched e-library 24reader.com, which offers more than 50,000 e-books using Founder GlobalTech's DRM technology. Prepaid game cards, widely used in online gaming, can be bought at convenience stores and used to buy e-books on the site. A user typically has to pay HKD 2 a day to read a full copy of an e-book.

11-04-2008, 07:26 AM	#1
grimo1re Geekette Posts: 435 Karma: 3335 Join Date: Sep 2006 Location: NSW, Australia Device: Sony Reader PRS500, PocketBook 360	GlobalTech moves into DRM The South China Morning Post (subscription site) is running an article about a Hong Kong listed company called Founder GlobalTech and their hopes for their DRM system. There is some interesting info scattered in the article. Here's a summary: Founder GlobalTech, a player in the biometric security market, has developed a digital rights management system and expects its DRM technology will help Chinese publishers develop e-books, the South China Morning Post writes citing managing director Eric See. "There is a huge business opportunity in the e-book market. The average production cost of an e-book is about HKD 10, while a printed version may cost HKD 100 to HKD 200," See said. The Hong Kong government set up a working group recently to push the development of e-books and other e-learning resources. "Our DRM technology can be used to encrypt an e-book so publishers and intellectual property owners are protected from unauthorised duplication," See explained. In July last year, Founder GlobalTech and e-book vendor Guangbo Media launched e-library 24reader.com, which offers more than 50,000 e-books using Founder GlobalTech's DRM technology. Prepaid game cards, widely used in online gaming, can be bought at convenience stores and used to buy e-books on the site. A user typically has to pay HKD 2 a day to read a full copy of an e-book.