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TWSE:2357 News 20 January 2026

Asus freezes Zenfone and ROG Phone plans: no new smartphones in 2026 as AI work ramps up

Asus freezes Zenfone and ROG Phone plans: no new smartphones in 2026 as AI work ramps up

Taipei, Jan 20, 2026, 19:03 (GMT+8) Asustek Computer Inc’s Asus brand is halting the launch of new smartphone models, redirecting its phone development efforts to AI-centric hardware, chairman Jonney Shih revealed at a Taipei event. (INSIDE) The shift leaves two niche Android lines — Zenfone and the gaming-focused ROG Phone — hanging in uncertainty. Android, Google’s mobile OS, powers most…
20 January 2026
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Stock Market Today

  • EDU Holdings Shares Up 586% Over 1 Year Despite Recent 11% Pullback
    January 21, 2026, 6:53 PM EST. EDU Holdings Limited (ASX:EDU) shares have fallen 11% in the past month, wiping AU$13 million off its market cap. However, the stock remains up a remarkable 586% total shareholder return (TSR) over the last year, including dividends. This surge follows a transition from loss to profit, with revenue soaring 121% year-on-year. Significant insider buying in the last quarter signals confidence from within the company. While short-term dips may cause concern, EDU's long-term fundamentals show strong growth and profitability improvements. The recent decline is seen as a normal retracement after a spectacular rally. Investors should weigh earnings trends and dividend yields as key indicators moving forward.
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