Taiwan's electronics giant Hon Hai Precision has set its sights on the lucrative toy market by teaming up with U.S. toymaker Ugobe to produce Pleo, a next-generation robot dinosaur toy, officials said on Tuesday.
The official said the "life-form" Pleb is expected to hit the worldwide market in spring, but Ugobe will reserve 100 of the first batch for sales in Taiwan in February.
Caleb Chung, a toy inventor and co-founder of Ugobe, said Pleb is equipped with 34 sensors, memory cards, and more than eight computer chips able to process millions of data per second, thus making Pleb a virtual pet.
Initially, the toy would be sold at about 270 dollars, compared to other robot toys which can cost more than 2,000 dollars, Christopher said.
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