Asus Zenfone 5 LTE Debuts and Price in Taiwan After selling about 105,000 ZenFones in May and more than 200,000 units last month. Asustek Computer expects to ship more smartphones this month. ZenFone 5 ranked as the bestselling smartphone locally for two consecutive months, the company hopes the wider ZenFone range �will remain the bestseller in July,� following the launch of its first 4G long-term evolution (LTE) handset, Asustek�s corporate vice president Benson Lin said. The ZenFone 5 LTE has a Qualcomm Snapdragon 400 1.2GHz quad-core processor and costs NT$6,990 (US$233) for a 16GB model, undercutting models with similar specifications from competitors, such as Sony Corp�s Xperia M2 at NT$9,900, and HTC Corp�s Desire 610 at NT$7,990. Chief executive officer Jerry Shen said Asustek has targeted China�s Xiaomi Corp as its main competitor in the budget smartphone segment and is confident about its own competitiveness, as Asus smartphones are well received in Southeast Asian countries ...