AsusTek

A low-price laptop product line is helping Taiwan's Asustek Computer Inc. generate record revenue despite signs of slowing global growth, a senior company executive said Tuesday.

Chief Executive Jerry Shen said the company is expecting revenue will grow 26 percent to $834.3 million in September with the prospects for October and November even brighter.

Shen attributed much of the success to Asustek's budget Eee PCs, whose prices range from $300 to $1,000.

Intel Corp.'s push to create and boost new categories of small, cheap Internet-connected devices is taking the world's largest chip maker in some unusual directions.

It's investing in wireless networks, or even buying them outright. It's relying on software that isn't from Microsoft. And it's looking at making processors cheaper and smaller rather than faster and faster.

To Chief Executive Paul Otellini, it's all part of bringing the Internet to new places and people, and computer makers are responding.