Acer Inc (宏碁) yesterday said it is aiming to become a lifestyle brand following the launch of new energy drink in a livestream on Tuesday night.
The beverage, called Predator Shot, is perhaps one of the computer company’s most surprising attempts in expanding the Predator gaming line.
Seeking to repackage Acer as a lifestyle brand, the company has announced several accessories vaguely related to PCs, including a gaming inspired massage chair in collaboration with Singapore’s OSIM International Ltd (傲勝國際) and a sling bag sporting the green Acer logo.
Photo: CNA
“Our energy drink will help boost gamers’ energy and reduce fatigue resulting from too much screen time,” Acer chairman and CEO Jason Chen (陳俊聖) told a news conference at the company’s headquarters in New Taipei City, while also unveiling a collagen drink that targets female gamers.
Citing a saturated market, Chen said the company has to seek new growth beyond the PC industry.
“Forty years ago it [the PC industry] is considered a high-tech industry, but now it is no longer the case,” Chen said
“We cannot [afford to] stay in such a mature market and expect things to get better,” he added.
Still, Acer has witnessed a boom this quarter as sales over the past two months surged on the back of robust demand fostered by the growing trend for distance learning and work-from-home due to the COVID-19 pandemic.
With orders throughout the fall remaining high, the company is optimistic about its PC business in the second half of the year.
“[The increase] in demand from distance learning is phenomenal... We are having trouble satisfying up to one-third of our orders,” Acer cochief operating officer and president of corporate marketing, business planning and operations Tiffany Huang (黃資婷) said.
The imbalance between supply and demand is compounded by persistent supply chain disruptions across the PC industry, Huang said.
“As some countries remain under lockdown, some plants are unable to resume production... The delay of one component can lead to another,” she said, adding that the company is talking with suppliers to resolve shortages of components and raw materials.
China is set to become the largest growth driver for the company this year.
“Due to our relatively small presence on the Chinese market and the country’s early recovery [from the pandemic], we believe it holds great potential,” Huang said, adding that Acer is witnessing a growth rate higher than the PC industry’s average.
However, Acer’s performance in other countries across the Asia-Pacific region — including India and Indonesia — might be affected by continuous strict COVID-19 containment measures.
Last year, India and Indonesia accounted for about 25 percent of the company’s sales in the region.
Demand from the European and US markets is expected to continue on an upward trend due to their relatively rapid online migrations, the company said.
With an approval rating of just two percent, Peruvian President Dina Boluarte might be the world’s most unpopular leader, according to pollsters. Protests greeted her rise to power 29 months ago, and have marked her entire term — joined by assorted scandals, investigations, controversies and a surge in gang violence. The 63-year-old is the target of a dozen probes, including for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed “Rolexgate.” She is also under the microscope for a two-week undeclared absence for nose surgery — which she insists was medical, not cosmetic — and is
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
GROWING CONCERN: Some senior Trump administration officials opposed the UAE expansion over fears that another TSMC project could jeopardize its US investment Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is evaluating building an advanced production facility in the United Arab Emirates (UAE) and has discussed the possibility with officials in US President Donald Trump’s administration, people familiar with the matter said, in a potentially major bet on the Middle East that would only come to fruition with Washington’s approval. The company has had multiple meetings in the past few months with US Special Envoy to the Middle East Steve Witkoff and officials from MGX, an influential investment vehicle overseen by the UAE president’s brother, the people said. The conversations are a continuation of talks that
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce