The fallout of second-tier eBook readers continues. According to Wired, two more eBook reader companies have dropped out of the market: Audiovox has dropped plans to introduce a RCA-brand eBook reader, and Plastic Logic has canceled all orders and scrapped plans to ship its eBook reader for business applications. Audiovox's decision is no surprise; they could see that it would be foolhardy to release an eBook reader now. Plastic Logic's reader, on the other hand, was at one time highly touted, but was going to cost more than an iPad yet have a monochrome display and much less capability.
Audiovox and Plastic Logic follow iRex Technologies, which went into bankruptcy in The Netherlands, and Interead, the vendor of the Cool-er eBook reader, which was forced into involuntary liquidation in the U.K.