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According to Taipei Times, back in November, Shih told investors that the company would be presenting a wearable device at this June's Computex in Taipei. Interestingly an anonymous source close to Asus has also stated that the company would be releasing a distinctive wearable device in the second half of 2014. This device would be different from anything else produced by the competition and could be worn as a necklace.
source - Focus Taiwan | Taipei Times
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