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Monday, May 05, 2014
Acer Chairman And Co-founder To Step Down

Acer Chairman Stan Shih on Sunday unveiled plans to leave its position in June, although he will continue to serve the Taiwanese computer maker as its head of cloud strategy.

The 70-year-old founder of the company said he will serve as the "chief architect" of Acer's Build Your Own Cloud (BYOC), a system for users to put together cloud services that manages music and photos across Acer PCs and mobile devices.

Acer wil try to promote its strategy BYOC in Taiwan first. The company will organize BYOC classes for its employees and distribution partners, and will hold an opening ceremony for a BYOC "experience center" in Taoyuan County on May 29 and a conference for commercial partners on May 30.

The company intends to officially showcase its cloud applications and ecosystem at Computex Taipei computer expo, which will take place on June 3-7, the statement said.

Shih said Acer has begun a management succession plan.

The once global leader in the PC market, Acer reported an loss of NT$7.63 billion (US$252.6 million) in the fourth quarter of 2013. That followed a loss of NT$13.12 billion in the third quarter, driven.

The company is trying to transform into a "hardware plus software and services company."

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