Asustek Computer Inc (華碩電腦), the world’s largest computer motherboard maker, has been periodically cutting the prices of several models in its Eee PC series in Taiwan this year.
The latest price reduction was announced last Wednesday, when Asustek trimmed NT$1,000 (US$31.21) across the board off the prices of the 901, 904 and 1000 models, the company said.
The Taipei-based firm created a market for low-priced mini-laptops when it launched its first so-called netbook computer late last year. Hewlett-Packard Co, Dell Inc and Acer Inc (宏碁) soon followed with their own low-cost laptops.
Rather than commenting on the competition, Asustek’s notebook business unit product manager Jose Liao (廖逸翔) said over the phone yesterday: “Sales of the Eee netbooks are going strong owing to demand in the back-to-school season. Our company has seen increased sales through partnerships with big discounters and authorized distributors, as well as Far EasTone Telecommunications Co [遠傳電信].”
Although analysts have expressed concerns about the company meeting forecasts, Asustek has reiterated its full-year Eee PC shipment target of 5 million units, as well as its notebook shipment forecast of 6 million to 6.6 million units.
Asked about Amazon’s recent price discounts on the Eee 900 and 1000H series, Liao said he was unfamiliar with sales strategies in North America.
The online retailer recently lowered prices of the Eee 900 with a 8.9-inch display from US$549.99 to US$429.00, representing an 18 percent discount. It also trimmed US$10 to US$20 off the prices of the 901 and 1000H models.
Amazon also cut US$50 off Acer’s 8.9-inch Aspire One series. The model that comes with the Linux operating system now sells for US$329.99, while the Windows XP models costs US$399.95.
Dell’s Inspiron Mini 9 series, which also has a 8.9-inch screen, is for sale on Dell’s corporate Web site for US$399.00 and up.
“It is only natural for us to initiate price discounts to lure additional customers and increase our global netbook market share,” Liao said. “Asus launched many models during the year, so we need to reduce prices on older ones to pave the way for newer series.”
He said the Eee S101 series, a streamlined model with a larger hard disk capacity, is anticipated to reach the market next month.
The S101 was unveiled at the company’s shareholders’ meeting last month.
Asustek stock shed NT$0.5, or 0.83 percent, after much volatility on the Taipei bourse yesterday, to close at NT$60.
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
EARLY TALKS: Measures under consideration include convincing allies to match US curbs, further restricting exports of AI chips or GPUs, and blocking Chinese investments US President Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under former US president Joe Biden to limit Beijing’s technological prowess. Trump officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron Ltd and ASML Holding NV engineers from maintaining semiconductor gear in China, people familiar with the matter said. The aim, which was also a priority for Biden, is to see key allies match China curbs the US
NOT TO WORRY: Some people are concerned funds might continue moving out of the country, but the central bank said financial account outflows are not unusual in Taiwan Taiwan’s outbound investments hit a new high last year due to investments made by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and other major manufacturers to boost global expansion, the central bank said on Thursday. The net increase in outbound investments last year reached a record US$21.05 billion, while the net increase in outbound investments by Taiwanese residents reached a record US$31.98 billion, central bank data showed. Chen Fei-wen (陳斐紋), deputy director of the central bank’s Department of Economic Research, said the increase was largely due to TSMC’s efforts to expand production in the US and Japan. Investments by Vanguard International
Berkshire Hathaway Inc is looking to increase ownership in Japan’s five largest trading houses “over time,” company chairman and CEO Warren Buffett said in an annual letter to shareholders. The conglomerate had originally agreed to keep its holdings in the companies below 10 percent. However, the trading houses have agreed to relax the ceiling “moderately,” as Berkshire approaches the limit, a letter dated on Saturday said. The shares of the five — Mitsubishi Corp, Mitsui & Co, Itochu Corp, Sumitomo Corp and Marubeni Corp — have benefited over the longer-term from Buffett’s interest. However, they have struggled in recent months, along with