Bridgestone to quit electronic paper business

In order to place a greater focus upon its core businesses, Bridgestone has elected to withdraw from the electronic paper market. The company also indicates that increasing competition and rapidly declining prices in the liquid crystal panel business played a role in its decision. At present the exact timing for Bridgestone’s exit from the business has yet to be determined, however the Japanese manufacturer says it expects to conclude its production of electronic paper by the end of October 2012.