But experimentation doesn’t always equal innovation. Or at least not the kind of innovation that the smartphone-consuming masses are interested in. As such, the company, which was the world’s fifth-largest PC vendor in 2017, never could crack the global mobile device market. Not really.
Before going out on said battlefield and trying to thrive survive, Asus needs to wipe the financial slate clean, declaring a one-time expense of over $200 million to cover “losses from inventory, amortization of advance royalties and costs” from the upcoming mobile business reorganization.