Acer’s Founder Says He Is Open To A Takeover

It used to be back in the day that Acer was one of the go-to brands when it came to computers, although in recent years it would seem that they are starting to cede their market share to the likes of other Chinese companies, such as Lenovo. Even their mobile efforts aren’t gaining much traction and are easily overlooked for other brands like Xiaomi.

That being said, what’s the future for the company? While it is unclear as to what Acer has planned for now or the foreseeable future, the company’s founder and honorary chairman Stan Shih has reportedly been quoted as saying that he is open to Acer being taken over by someone else.

However Shih warns that whoever is willing to take over will need to know that what they’re buying into is an “empty shell”. According to Shih, “U.S. and European management teams usually are concerned about money, their CEOs only work for money. But Taiwanese are more concerned about a sense of mission and emotional factors.”

Like we said, Acer isn’t the company they used to be back in the day. Reuters reports that the company has suffered a whopping $90 million loss in the first six months of 2015, and while they did enjoy a tiny bit of profit in 2014, the previous years such as 2011, 2012, and 2013 saw the company report losses.

Tyler Lee
Categories: General
Tags: Acer