eBook retailer Borders, has reportedly launched its $150 Kobo e-reader, and pre-orders begin from today.

koboereader

Reports say that the Kobo e-reader will ship on June 17th, and will then be a part of Border’s e-book store that will be launched soon.

The Kobo is a simple e-reader and does not include Wi-Fi or 3G connectivity. It comes with a 6-inch e-ink display, quite similar to that of Amazon’s Kindle and B&N’s Nook. The screen however has only 8 levels of gray, unlike the well known 16.

The Kobo does however have Bluetooth connectivity as well as 1GB of internal memory, and an SD slot too.

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