Saturday, August 02, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
French Carrier Iliad To Bid For T-Mobile
Google's Ambitious Secret Barge Project Was Scarped
Chinese Smartphones Boost Sharp's 1Q Operating Profit
HP's Luxury Smartwatch Coming This Fall
Tessera and Micron Execute New Technology and Patent License Agreements
Sony Releases The AS20 Action Cam, New Cyber-shots
Microsoft Releases New Limited Edition Wireless Mobile Mouse 3500 With Master Chief from Halo
Researchers Discover New Smartphone Flaws
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > PC Parts > Acer Po...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 05, 2013
Acer Posts Q3 Net Loss, CEO Resigns


Acer reported a net loss of T$13.12 billion ($446 million) in the third quarter, as company aiming to revamp itself with a new CEO.

The PC vendor announced on Tuesday that President Jim Wong will succeed J.T. Wang as CEO from January 1, 2014, and that it will cut its global staff by 7 percent.

J.T. Wang, chairman and CEO of Acer, said, "Acer encountered many complicated and harsh challenges in the past few years. With the consecutive poor financial results, it is time for me to hand over the responsibility to a new leadership team to path the way for a new era."

Stan Shih stated, "After making structural adjustments, we will introduce more competitive products within the existing PC, tablet, and smartphone business and stabilize our market share. This will be the basis of our transformation and for developing new business opportunities."

Regarding Acer's Q3's operating loss, it was mainly due to the gross margin impact of gearing up for the Windows 8.1 sell-in and the related management of inventory, according to the company.




Previous
Next
Mozilla, OTOY and Autodesk Deliver Games and Applications on the Web        All News        HTC Expects Q4 Dip
New iPad Air Costs Less to Make Than Previous iPad Model     PC Parts News      External Drives May Experience Data Loss With Maverick OS

Get RSS feed Easy Print E-Mail this Message

Related News
Acer Launches New C720 Chromebookd With Intel Core i3 Processors
Acer Elects George Huang as Acer Chairman
Acer Partners with Operators to Expand Smartphone Business in Asia and Europe
Acer Veriton Z4 Series and N Series PCs Released
Apacer at Computex 2014
Acer Debuts 8-inch Iconia Android Tablet, New Smartphones And Wearable Device
Acer Launches Cloud Computing Drive
Acer Delivers 4k2k Display with NVIDIA G-SYNC Technology
Acer Chairman And Co-founder To Step Down
Acer Announces a New Laptops, Tablets, Hybrids, And all-in-one PCs
Acer To Release Smartband Later This Year
Acer Introduces 27-Inch WQHD Monitor

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .