Netbook PC pioneer Asustek is satisfied with its business so far this quarter and still aims to become the world's No.3 laptop vendor in 2011, the company's chairman told Reuters on Tuesday.

Compared with last year I think (it is) already pretty good, I mean the Q1, Jonney Shih said in an interview at the CeBIT technology fair in Hanover. In the first quarter of 2009, the company beat forecasts with a net profit of T$454 million.

Asustek last month said it expected shipments of its portable PCs to fall by up to 20 percent in the current three months compared with the last quarter of 2009, but Shih said the first quarter was a seasonally weak one, adding that business usually improved in the second half of the year.

Shih also confirmed the company's target to ship 1 million units of its newly launched smartphone this year, a modest outlook given shipments in the markets for smartphones are expected to exceed 200 million units next year.

In addition, Asus, which pioneered the low-cost netbook PC in 2007 but lost market share to peers, aims to move up from fifth spot in the laptop market to fourth this year and third next, Shih said.

Acer and Hewlett-Packardhold the first and second positions.