Feeds

Acer attempting to sell semi division

But Stan Shih struggling to turn the company round

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Sources close to Acer have indicated that more troubles are ahead for the Taiwanese company, following a profit warning the company made two weeks ago. The 44 per cent profit target for 1998 conceals further problems at Acer, the source said. Earlier this year, Stan Shih, CEO of the company, said that he was taking over the running of Acer Semicon (which includes the former TI investment), while two presidents of Acer America lost their jobs because that division failed to make money. But Acer, which turned in profits for the previous two years, managed to turn in profits by selling property, according to the source. Now, however, the only property left in Acer's hands is for the Taiwanese software park but it cannot sell them because it has committed to a government scheme for a science park in southern Taiwan. Shih is attempting to sell off the loss making semiconductor division but unless he turns the unit round, cannot pump money into software development. However, the same sources tell The Register that several large names have already pulled out of the new science park because the land is unsuitable for development. ®

Internet Security Threat Report 2014

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.