Acer seems to have pulled the plug on its e-book plans. Acer chairman Wang Jeng-tang believes the market is not big enough and that the business model still isn't right, hence the company will wait to see how the market develops.

Jeng-tang said  that the company will closely follow the market to see whether consumers embrace e-book readers and that they will launch their own readers only once they see potential for profit.

On another note, Jeng-tang confirmed that Acer was developing a new thin-and-light. The new notebook should be under 2cm thick, while Acer's current lineup of Timeline notebooks measures 1 inch.

Despite the fact that reviewers all over the world praised Acer's Timelines for their stunning battery life and value for money, Jeng-tang said he was not thrilled with Intel's CULV processors. He claims they offer inferior power and that they were partly to blame for a 5 percent dip in notebooks shipments this quarter.

More here.