In June, Asustek paraded an Android-based Eee PC smartbook powered by Qualcomm’s Snapdragon processor at Computex Taipei. The device gave rise to speculation that a commercial variant was on its way.

Asustek CEO Jerry Shen has put all such speculation to rest. "Currently, I still don't see a clear market for smartbooks,” he said during an investors’ conference in Taipei. According to a PC World report, Asus executives have blamed the company’s scarce engineering resources for smartbooks getting consigned to cold storage.

Despite Shen’s statement, Asus could still sell smartbooks developed by contract manufacturer Pegatron, which also happens to be its subsidiary.

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