Tuesday, 22 April 2014

AsusTek enters Thai smartphone market


Newly appointed country manager Jeff Lo 

Competition between smartphone makers in Thailand is heating up as new Asian handset companies make inroads into the promising mobile computing market to grab a significant market share.

AsusTek Computer Inc, a Taiwanese computer maker, plans to spend US$4 million to promote the release of its first smartphone in the Thai market. "We aim to have a 10% share in the local smartphone market this year, making us a top-five player," said Jeff Lo, newly appointed country manager of AsusTek Computer (Thailand).

The jump onto the smartphone bandwagon is to create a new revenue stream and offset a sharp revenue decline from computer sales.

Thailand's smartphone market is expected to have skyrocketing growth this year with sales of 14-20 million units thanks to heavy 3G migration promotional campaigns from mobile operators.

To capitalise on demand, Mr Lo said AsusTek will introduce a full range of smartphone models in Thailand this year, starting from May.

The company yesterday launched its first three Zenfone models, featuring four-, five- and six-inch displays priced at 2,990, 5,990 and 8,990 baht, respectively. Target users are 18-35 years old.

Source:  http://www.bangkokpost.com/business/news/406127/asustek-enters-thai-smartphone-market

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