Not a lot of details yet, but LG’s CEO said they will have an ereader product by April to compete with the Kindle and the iPad. We do know that LG makes e-ink screens and has shown a 19″ flexible prototype. They’ve also shown an ereader with a built-in solar cell.
DMI is showing a 6″ reader that supports Epub (picture above). A video is available here.
Thanks to E-Reader-Info for the heads up.