thousands of fans gathered a play, and that's a serious opportunity for asian tech giant acer.ke exclusively with bloomberg at the company hq in new taipei city. we get a notebook, we provide , we provideops gaming screens, and then we realized that it's not just how we establish ourselves. we have to be able to provide very good top-of-the-line products. our 21xxample would be the hit the front page of "usa today" last year. this year, we released a limited edition cpu. multiple processors in one single system. we would be able to fit people from high-end to affordable, and we have the sponsorship going on . we want to make sure people have the full assignment and get associated with acer. >> how big a thing is that for you, away from providing hardware, actually promoting this as a new, emerging sport? what are you doing the reactor there? are you doing >> we sponsor, and we do it ourselves. we sponsor the biggest gamers in .he industry for the tournament last year, the final was in beijing. that0 people paid to watch for five hours. if you look at that, it's almost like a co

emily: that was acer c.e.o. chen.es it for this edition of bloomberg technology, e are live streaming on twitter. check us ut 5:00p.m. new york, san francisco, that this is r now, bloomberg. ♪ . ♪ 7:00 a.m. in hong kong. we are live from bloomberg's asia headquarters. afteracific stocks mixed lake declines on wall street. there is speculation a pickup in inflation will spark faster rate hikes. policymakers are increasingly confident in the strength of the u.s. economy. >> i am betty due in new york. -- betty liu in new york. qantas ready to lift off as

that means serious opportunities for acer.why the growing phenomenon is good for business. >> we start with -- [indiscernible] provide notebook, desktop, display. it is notalize that the hardware that we sell. we have to provide very good, , that people are going to say "wow." example, our 21-x. here is the front page of "usa today" last year. was 9000. we got a limited edition cpu. [indiscernible] high-end to affordable. to make sure people got the full excitement and got associated with acer. >> how big is that for you? the events side of it, away from providing hardware, actually promoting this as a new emerging sport, what are you doing there? >> it is a big deal. we sponsor and we do it ourselves. biggest gaming tournament. last year, final was in beijing. paid to watch that sport. if you look at that, it was bigger than concerts. online people watch it. live streaming is more than 100 million people. about 100 million people watch it online. incredible numbers. so many people are excited about that. we have to make sure

in the meantime it is time now for business news with funny for char who is standing by high funny acer and some good news for v.w. good numbers there germany's scandal plagued volkswagen more than doubled from that profits for last year to eleven point four billion euros fi w.'s revenues were up by just over six percent to two hundred thirty point seven billion euros the company ranks as one of the rules largest automaker selling tempore in seven million vehicles worldwide last year and that's despite a company admitting manipulating software on eleven million vehicles worldwide it has had to pay billions in fines and compensation and is still under investigation cornered bosun reports from the frankfurt stock exchange. he. told. me. he. was not according to the. speaking of investors chinese investor. has become the largest shareholder in germany stonor company stock market filing say he bought a nine point seven percent share in the maker of say dispense luxury or tool box is the chairman of give the automobile holdings a multinational automotive company based in china but he already