Asustek Computer Inc (華碩) is to launch the second generation of its ZenWatch and six smart home devices this quarter in a bid to expand the company’s reach in the Internet of Things (IoT) area, the company said yesterday.
“The global IoT market in still in its early stages, but Asustek sees great business potential in this area,” company spokesman Nick Wu (吳長榮) said by telephone.
Wu said the company had sold “a few hundred thousand” units of its first generation of ZenWatch since it was launched in December last year, while another production line, the VivoWatch, also shipped “a few hundred thousands” units since it hit the shelves in May.
ZenWatch targets business clients, while VivoWatch offer more health-monitoring functions, Asustek said.
Wu said the second-generation ZenWatch will have two versions of different display sizes, and the two models have been certified by the National Communications Commission (NCC).
After launching an IP camera and an event data recorder last quarter, Asus Cloud Corp (華碩雲端), Asustek’s subsidiary, also plans to introduce six smart home devices this quarter, a company executive said.
“The company plans to launch a series of IoT products to boost the number of registered users using Asus’ cloud-computing storage,” Asus Cloud chief executive officer Peter Wu (吳漢章) told the Taipei-Shanghai forum in Shanghai on Tuesday.
There are nearly 10,000 registered users of Asus’ Internet-connected surveillance products, he said, adding that by increasing the number of registered users, the company could gradually expand the ecosystem of its IoT products.
He said that apart from the six smart home devices, such as a smart door lock and smart temperature sensor, Asus Cloud plans to introduce IoT devices that focus on audio and video entertainment later this year.
Asus Cloud also tapped into remote heathcare services, Wu said, adding that the company secured a bid from the Ministry of Health and Welfare at the end of last quarter to offer remote healthcare services to 12 cities and counties in Taiwan.
Wu said the ministry allocated an annual budget of NT$10 million (US$306,109) to the firm, adding that it is jointly working with Taipei Show Chwan Hospital (秀傳醫院) and Taiwan Secom Co (中興保全) on the project.
Asustek shares yesterday dropped 0.55 percent to NT$273.5 in Taipei trading, outperforming the TAIEX, which lost 1.9 percent.
EXTRATERRITORIAL REACH: China extended its legal jurisdiction to ban some dual-use goods of Chinese origin from being sold to the US, even by third countries Beijing has set out to extend its domestic laws across international borders with a ban on selling some goods to the US that applies to companies both inside and outside China. The new export control rules are China’s first attempt to replicate the extraterritorial reach of US and European sanctions by covering Chinese products or goods with Chinese parts in them. In an announcement this week, China declared it is banning the sale of dual-use items to the US military and also the export to the US of materials such as gallium and germanium. Companies and people overseas would be subject to
TECH COMPETITION: The US restricted sales of two dozen types of manufacturing equipment and three software tools, and blacklisted 140 more Chinese entities US President Joe Biden’s administration unveiled new restrictions on China’s access to vital components for chips and artificial intelligence (AI), escalating a campaign to contain Beijing’s technological ambitions. The US Department of Commerce slapped additional curbs on the sale of high-bandwidth memory (HBM) and chipmaking gear, including that produced by US firms at foreign facilities. It also blacklisted 140 more Chinese entities that it accused of acting on Beijing’s behalf, although it did not name them in an initial statement. Full details on the new sanctions and Entity List additions were to be published later yesterday, a US official said. The US “will
TENSE TIMES: Formosa Plastics sees uncertainty surrounding the incoming Trump administration in the US, geopolitical tensions and China’s faltering economy Formosa Plastics Group (台塑集團), Taiwan’s largest industrial conglomerate, yesterday posted overall revenue of NT$118.61 billion (US$3.66 billion) for last month, marking a 7.2 percent rise from October, but a 2.5 percent fall from one year earlier. The group has mixed views about its business outlook for the current quarter and beyond, as uncertainty builds over the US power transition and geopolitical tensions. Formosa Plastics Corp (台灣塑膠), a vertically integrated supplier of plastic resins and petrochemicals, reported a monthly uptick of 15.3 percent in its revenue to NT$18.15 billion, as Typhoon Kong-rey postponed partial shipments slated for October and last month, it said. The
COLLABORATION: The operations center shows the close partnership between Taiwan and Japan in the field of semiconductors, Minister of Economic Affairs J.W. Kuo said Tokyo Electron Ltd, Asia’s biggest semiconductor equipment supplier, yesterday launched a NT$2 billion (US$61.5 million) operations center in Tainan as it aims to expand capacity and meet growing demand. Its new Taiwan Operations Center is expected to help customers release their products faster, boost production efficiency and shorten equipment repair time in a cost-effective way, the company said. The center is about a five-minute drive from the factories of its major customers such as Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) advanced 3-nanometer and 2-nanometer fabs. The operations center would have about 1,000 employees when it is fully utilized, the company