Acer taps new chairman to reverse PC maker's decline

TAIPEI Wed Jun 18, 2014 3:38pm IST

An employee uses an Acer laptop at the company's booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014. REUTERS/Pichi Chuang

An employee uses an Acer laptop at the company's booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014.

Credit: Reuters/Pichi Chuang

Related Topics



TAIPEI (Reuters) - Taiwan's Acer Inc on Wednesday said it has appointed co-founder and board member George Huang as new chairman, tasked with overseeing the recovery of the PC maker's near-dominant position in a shrinking industry.

Huang, an Acer veteran who has served in various roles, was in November appointed executive secretary of the "transformation committee" whose remit was to reverse persistent losses brought about by smartphones and tablets taking demand away from PCs.

Acer, the world's No.4 PC maker by shipments, has since launched an aggressive push into cloud computing to reverse its fortunes, though the strategy puts it up against leaders Inc and Google Inc.

Acer announced Huang's appointment after the PC maker's annual general meeting (AGM) on Wednesday. He will succeed co-founder Stan Shih who came out of retirement in November to lead a restructuring effort that welcomed a new chief executive and chief financial officer.

At the AGM, Shih said without elaborating that he would continue to participate in Acer's reform. In a statement afterwards, he called Huang "instrumental in driving the company restructuring and in helping to develop our new vision."

Huang in the same statement said Acer needs to "build on the foundations of our existing PC, tablet, smartphone and other hardware products to strengthen overall product competitiveness."

Also at the AGM, Chief Executive Jason Chen said devices such as Google's Chromebook and so-called 2-in-1 notebook PCs are stimulating otherwise moribund PC demand.

Chen, however, also said overall PC industry performance this year "won't be spectacular."

The company, formerly the world's No.2 PC vendor, suffered a 20.2 percent decline in PC shipments during the first three months of this year, compared with a market decline of 4.4 percent, according to researcher IDC.

(Editing by Christopher Cushing)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Anti-trust Probe

Reuters Showcase

New iPhone

New iPhone

New Apple iPhone to have "mobile wallet" function - Bloomberg  Full Article 

Wearable Gadgets

Wearable Gadgets

Swatch prefers go-it-alone route for smartwatch plans.  Full Article 

Google Drones

Google Drones

Google tests drones for deliveries.  Video 

Hot Commodity

Hot Commodity

Data scientists are increasingly becoming important to the world's tech companies.  Video 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage