Asustek Computer Inc (華碩) said yesterday its netbook business will see zero or slight growth this year because of a worldwide slowdown in the netbook market.
The company expects to ship between 6 million and 7 million units of its Eee PC netbooks globally this year, taking a 20 percent share of the market and showing little or no growth from the 6 million units recorded last year, Asustek’s general sales manager Kevin Lin (林福能) said.
SHIPMENTS to DECLINE
Meanwhile, netbook shipments are forecast to decline worldwide from 35 million units last year to between 30 million and 35 million units this year.
“Although the netbook market will grow at a moderate pace, we are still looking for growth in the segment that will be driven by our product diversity and expanded channels in emerging countries such as Indonesia and Brazil,” Lin said at a product launch ceremony.
Faced with a challenge from tablet computers, Asustek will make its netbooks more personalized with special designs and cloud storage applications, Lin said.
STABLE SHARE
Total netbook shipments in Taiwan have dropped 17 percent from 450,000 units in 2009 to 375,000 units last year, but Asustek has maintained a stable market share of 40 percent for the past two years, he said.
He said the company expects to ship another 180,000 Eee PCs this year and to take a 40 percent to 50 percent share of the local market, in view of a fact that most PC vendors are turning to tablet devices.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
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Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to