'Tablets, ultrabooks just a fad,' says Acer founder

London, Aug 7 (ANI): Acer's founder Stan Shih reckons that ultrabooks and tablet computers are short-term fads.

At the same time, Shih urged PC industry to add more value through innovation to tackle the growth in tablet computers, the Telegraph reports.

Shih also said that Acer's forthcoming tablet computer, which has a seven-inch screen, would take advantage of the fact that consumers want low-priced and convenient products.

His views are opposite with those of analyst Ben Reitzes, of Barclays Capital, who last week said that he expected tablet computers to continue to weaken the laptop market this year.

Reitzes said that he expected 'to see more muted demand for notebooks than previously expected in the second half (of 2011) given uncertainty in European markets and pressure from tablets'.

The analyst had also said that he did not expect ultrabooks, the lightweight, high-powered laptop concept touted by Intel, to gain much traction this year. (ANI)