Asustek forecast hits shares
Asustek Computer Inc (華碩) shares fell 5.38 percent to close at NT$272.5 yesterday after the company said on Wednesday that its notebook computer shipments for this year are likely to fall about 10 percent from last year. Asustek said that due to weakening demand in the global PC market, its notebook computer shipments for this year are unlikely to hit 20 million units, down about 10 percent from the 22 million recorded last year. Asustek said competition from major rivals, such Acer Inc (宏碁), Samsung Electronics Co and Lenovo Group Ltd (聯想), is expected to get fiercer than ever as they launch new devices to attempt to grasp a larger share of the market. The company said that amid the unfavorable market climate, it is unlikely the company will post an operating margin of more than 5 percent in the second and third quarters of the year.
Red HTC One only for UK
The long-rumored red version of HTC Corp’s HTC One flagship smartphone is now official, but it will only be available in the UK, the Taiwanese smartphone maker said yesterday. The red version will be sold via Phone 4u, a major mobile phone retailer in the UK, with availability details to be announced in coming weeks, HTC said in a letter to customers. The Android-powered phone was launched on Feb. 19 in London and New York.