I am also effected by this bug.
bla@bla:~$ sudo dmidecode -s bios-version && sudo dmidecode -s bios-release-date
[sudo] password for bla:
X550LN.305
05/14/2014
bla@bla:~$ xinput --list
⎡ Virtual core pointer id=2 [master pointer (3)]
⎜ ↳ Virtual core XTEST pointer id=4 [slave pointer (2)]
⎜ ↳ ETPS/2 Elantech Touchpad id=13 [slave pointer (2)]
⎣ Virtual core keyboard id=3 [master keyboard (2)]
↳ Virtual core XTEST keyboard id=5 [slave keyboard (3)]
↳ Power Button id=6 [slave keyboard (3)]
↳ Video Bus id=7 [slave keyboard (3)]
↳ Video Bus id=8 [slave keyboard (3)]
↳ Sleep Button id=9 [slave keyboard (3)]
↳ USB Camera id=10 [slave keyboard (3)]
↳ Asus WMI hotkeys id=11 [slave keyboard (3)]
↳ AT Translated Set 2 keyboard id=12 [slave keyboard (3)]
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https://bugs.launchpad.net/bugs/1313902
Title:
[Asus X550LB] screen freezes when pointer is moved with touchpad
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