You knew it was just a matter of time: From Johannes of the German readers-blog we get word of a Kindle-clone out of China. It’s called the “Wefound”; it was first displayed to the public recently at some Japanese publishing-industry convention; and the organization behind it is the Founder Group of Peking University, which is bad news since that company is already famous for its hardware prowess, employs around 30,000 and has a yearly turnover of $6 million.

This “Wefound” should come out on the market by the end of this year and cost €150. As Johannes remarks, you’d have to think that the Founder Group will at least steer clear of the American market, where Amazon already has gained a patent on the “Kindle-Look,” for the thing is awfully similar to your standard Kindle 2: the same 6-inch “e-Ink” display, the same QWERTY keyboard, the same paging buttons – and even a digital publishing house lined up to sell content, called Apabi.

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