Shih told the New York Times in an interview at CES, the company is working on a low-cost smartphone called the Eee Phone.
"That Eee phone may become an interactive control," he explained. "The whole digital network is the key."
Rumors suggest that the Eee Phone will be powered by Android.
DigiTimes reported that the Eee Phone will available in March.
Asus won the CES Innovations Award for The P4-P5N9300 barebone PC, designed to be a user's companion in daily life. It supports the latest graphic technologies including hybrid SLI, PhysX, and CUDA from NVIDIA; and an HDMI interface with HDCP for Full HD 1080P visuals. Fulfilling its role as a media center, the ASUS P4-P5N9300 is an attractive system designed to enhance a user's digital lifestyle