Acer Inc (宏碁) plans to unveil its first virtual reality (VR) product for consumers in the first half of this year, chief executive officer Jason Chen (陳俊聖) said yesterday.
“Acer has been conducting research and development [R&D] of VR technologies for a while... We are planning to introduce some new technologies to surprise everyone,” Chen told reporters.
While continuing with its R&D of VR technologies, the company is thinking about potential business models that it can develop in the field, Chen said.
Photo: CNA
The VR industry is new and requires a wide range of applications and the establishment of a supporting ecosystem, Chen said.
“We are thinking of how to expand Acer’s reach in the field and turn our VR technologies into a business. And that is an important element in the process of Acer’s corporate transformation,” he said.
Commenting on Acer’s core business, Chen said that the company’s notebook business in western Europe is “not bad” despite global economic uncertainties.
“Acer is doing quite well in matured west European markets, especially in Germany, Austria and Switzerland, as the economies there are more stable than in other countries,” he said.
Notebook demand in countries heavily reliant on the export of natural resources — such as Brazil and Russia — was affected by the continued fall in global crude oil prices, Chen said.
He said that Acer has been careful in monitoring profitability in those markets, but the firm is not considering suspending shipments to avoid risks.
“Acer must maintain a certain degree of market presence in those markets,” Chen said.
Acer founder and former chairman Stan Shih (施振榮) said that the company is evaluating the possibility of spinning off its cloud-computing business into automobile electronics, smart medical devices and smart homes to accelerate the firm’s years-long corporate transformation.
Separating the cloud-computing business units from the parent company might give those new businesses more flexibility and resources, he said.
Acer will discuss the spin-off plan during its board meeting at the end of next mont, he said.
Acer’s sales fell 30.09 percent year-on-year and 29.74 percent month-on-month to NT$15.87 billion (US$474.85 million) last month, it said in a filing with the Taiwan Stock Exchange.
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with technology assistance from Nvidia Corp. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), said the LLM, FoxBrain, is expected to improve its data analysis capabilities for smart manufacturing, and electric vehicle and smart city development. An LLM is a type of AI trained on vast amounts of text data and uses deep learning techniques, particularly neural networks, to process and generate language. They are essential for building and improving AI-powered servers. Nvidia provided assistance
DOMESTIC SUPPLY: The probe comes as Donald Trump has called for the repeal of the US$52.7 billion CHIPS and Science Act, which the US Congress passed in 2022 The Office of the US Trade Representative is to hold a hearing tomorrow into older Chinese-made “legacy” semiconductors that could heap more US tariffs on chips from China that power everyday goods from cars to washing machines to telecoms equipment. The probe, which began during former US president Joe Biden’s tenure in December last year, aims to protect US and other semiconductor producers from China’s massive state-driven buildup of domestic chip supply. A 50 percent US tariff on Chinese semiconductors began on Jan. 1. Legacy chips use older manufacturing processes introduced more than a decade ago and are often far simpler than
STILL HOPEFUL: Delayed payment of NT$5.35 billion from an Indian server client sent its earnings plunging last year, but the firm expects a gradual pickup ahead Asustek Computer Inc (華碩), the world’s No. 5 PC vendor, yesterday reported an 87 percent slump in net profit for last year, dragged by a massive overdue payment from an Indian cloud service provider. The Indian customer has delayed payment totaling NT$5.35 billion (US$162.7 million), Asustek chief financial officer Nick Wu (吳長榮) told an online earnings conference. Asustek shipped servers to India between April and June last year. The customer told Asustek that it is launching multiple fundraising projects and expected to repay the debt in the short term, Wu said. The Indian customer accounted for less than 10 percent to Asustek’s
Gasoline and diesel prices this week are to decrease NT$0.5 and NT$1 per liter respectively as international crude prices continued to fall last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. Effective today, gasoline prices at CPC and Formosa stations are to decrease to NT$29.2, NT$30.7 and NT$32.7 per liter for 92, 95 and 98-octane unleaded gasoline respectively, while premium diesel is to cost NT$27.9 per liter at CPC stations and NT$27.7 at Formosa pumps, the companies said in separate statements. Global crude oil prices dropped last week after the eight OPEC+ members said they would
RSS