In a briefing Tuesday, Acer officials confirmed the company will now formally take on current market leaders in the low-cost laptop segment, including fellow Taiwanese company Asus with its Eee PC product line.

According to Asus, demand for the low-cost subnotebook in the Philippines has been so strong that supplies are short.

However, Manuel Wong, head of Acer Philippines, said Aspire One will have a distinct advantage over other competing products, as it is powered by Intel’s Atom processor.

First unveiled in March, Atom is being touted as the processor to power a new generation of Internet-enabled, ultra-portable laptops designed to consumer less power.

Read more at www.zdnetasia.com