Fujitsu subsidiary Fujitsu Fronttech has introduced the FLEPia (Japanese), which the company is touting as the "first color e-paper mobile terminal"—that's what most consumers would describe as a color ebook reader.
Waiting nearly two seconds for the FLEPia to change its display is almost certainly going to get tiresome.
Fujitsu's FLEPia Electric Paper
Fujitsu Flips Out FLEPia Color Ebook Reader - Should the Kindle Be Quaking? - Portable Media News - Digital Trends
FLEPia ～フレッピア～ : 富士通フロンテック
Fujitsu's FLEPia Color E-Book Now Official, Slow and Expensive | Technomix | Fast Company
Fujitsu FLEPia colour eBook now on sale! | Electricpig.co.uk
Fujitsu introduces color Kindle-killer 'FLEPia' | The Toybox | ZDNet.com
Fujitsu melts faces and wallets with FLEPia, the first color e-book for general consumption