Asus was founded in Taipei, Taiwan, in 1989 by cofounders T.H. Tung, M.T. Liao, Ted Hsu, and Wayne Hsieh. All cofounders were former employees of Acer computers, working as hardware techs. The name ASUS is the partial letters used for the winged horse, Pegasus. The cofounders decided to use only the last four letters so they would have an alphabetical advantage in listings.
The company is a multinational computer hardware and electronics company which produces desktops, laptops, netbooks, mobile phones, monitors, motherboards, projectors, servers, workstations, and tablet pc’s. Asus is the world’s 4th largest personal computer vendor. Total brand worth is estimated at $1.3 billion. Asus is listed on the Taiwan Stock Exchange, as well as the London Stock Exchange, but not on any U.S. exchanges as of today.
Asus has more than 50 service sites in 32 countries and has more than 400 service partners around the world, in addition to 4 manufacturing plants in 3 countries.