Acer Taiwan Operations President Towny Huang said on November 4, the company’s smartphone business is expected to benefit from the government’s recent announcement of a subsidy for consumers upgrading from 2G phones to 4G smartphones. About 1 million people still use 2G phones in the nation, Huang said.

In other words, the government short-term stimulus package would make a new wave of replacement for 2G phones.

Meanwhile, the company launched four smartphones priced at under NT$6,500 (US$200) in the domestic market on November 4 in an attempt to cash in on a government short-term stimulus package aimed at boosting the local economy.