Asustek Computer Inc (華碩), the world’s No. 5 PC brand, yesterday said that it plans to introduce two more wearable devices in the second half of next year, seeking to repeat the success of the smartwatch it launched recently in a bid to become one of the world’s top three suppliers of wearable devices.
Asustek’s ZenWatch has been rolled out ahead of Apple Inc’s Apple Watch, which is expected to hit the market early next year.
“ZenWatch is our first wearable device powered by Goolge Inc’s Android Wear system,” Asustek chief executive Jerry Shen (沈振來) said at a product launch for the local market, following the smart device’s overseas debut.
Photo: CNA
Shen said the market reactions to the ZenWatch in the US and Japan have been satisfying. He declined to disclose sales figures.
“Select European countries, China and Hong Kong will be included in the second wave of ZenWatch launches,” he added.
The company said that supplies of the smart device are running short in the US and Japan, which Shen attributed to a components shortage.
Asustek only utilizes 50 percent of its 50,000 units-a-month capacity.
The supply shortage could extend to February next year, Shen said.
Despite this, Asustek is planning to launch the second-generation ZenWatch — which has a voice call function and a smart wristband — in the third quarter of next year.
Asustek hopes that the device, which is priced at NT$5,990, gains popularity in the mass market. That figure is almost half of Apple Watch’s price tag of at least US$349.
Since smartwatches are the first Internet of Things product with foreseeable growth potential, Asustek will strive to become “a key player” in this sector, Shen said.
The company is to boost ZenWatch production in the second half of next year, either to produce the first-generation models, or the second-generation ones, Shen said.
Separately, Shen said that “the weak yen has not affected the revenue ZenWatch has generated for Asustek because the product was launched in Japan in November and the currency appears to have stopped falling since then.”
Asustek’s share price closed down 0.88 percent at NT$337 yesterday, underperforming the TAIEX, which gained 0.97 percent.
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01