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Articles about Jt Wang

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Acer suffers terrible let-down after unexpected withdrawal of Wang

Shares of Acer fell by their daily limit in Taiwan after the company announced that chief exec JT Wang was abandoning ship and it was going to cut seven per cent of its staff to try to save some money. Acer stocks opened the session already down 6.9 per cent, the maximum they are allowed to fall in any one trading session, to T$ …

Struggling Acer pulls out Wang too late, then calls Wong number

Acer CEO and chairman JT Wang has quit amid widening losses and a resulting company restructure that involves job cuts at the Taiwanese PC maker. The firm has also turned to its retired founder to help carve out a future. Wang succeeded Gianfranco Lanci at the top of Acer back in March 2011 as the company wrestled with …
Paul Kunert, 05 Nov 2013
management cloud2

Acer kills CEO job before CEO starts: All goes Wong after Wang pull-out

It is a momentus day for ailing PC maker Acer: founder and former CEO Stan Shih has agreed to exit retirement, albeit temporarily, to try to dig the business out of a deepening hole. Just weeks after the resignation of CEO and chairman JT Wang - the man that replaced Shih in 2005 - the board at the Taiwanese firm elected the …
Paul Kunert, 21 Nov 2013

Acer: Windows 8 'uncertainty' deflates Wang's big growth aim

Acer Inc reckons the "uncertainty" surrounding the Windows 8 ecosystem will translate into lower-than-expected sales for the second half of 2012. The admonition was made as the Taiwanese PC company reported Q2 numbers for the period ended 30 June that showed sales fell 8.3 per cent year-on-year and 2.2 per cent sequentially to …
Paul Kunert, 17 Aug 2012
Acer CloudMobile S500

Acer's Wang: Size of PC shipments to shrink month after month

Acer's boss expects the vendor's PC shipments to slump up to 15 per cent sequentially in the first quarter, but insists the firm has a "good chance" of scraping back to black this year. The prediction illustrates the massive challenges faced by Acer, given the massive year-on-year slump in shipments it showed for the fourth …
Joe Fay, 18 Feb 2013
homeless man with sign

Acer's proud Wang: We're on the rise at last

Acer returned to profit in the fourth quarter, albeit marginally, but the recovery came too late in the year to prevent it from posting very significant losses for the whole of 2011. The once high-flying Taiwanese notebook linchpin was slapped by an inventory crisis in March when it discovered stock "abnormalities" in a European …
Paul Kunert, 15 Feb 2012
Escalator Stairs

Acer founder Shih to step down for second time next month

Stan Shih, chairman and founder of ailing PC maker Acer, is set to retire next month as the company continues to try and claw back market share and force its way into the global top three. Shih, 69, will leave the company on June 18, the same day shareholders meet to elect a successor, according to Reuters. He is apparently …
Phil Muncaster, 05 May 2014
Stock ticker board

Acer coughs to insider trading probe on 2 staffers

Senior execs implementing a turnaround strategy at sickly PC maker Acer have another plate to spin after prosecutors stormed the firm's HQ in Taiwan over an insider trading probe. Ten peeps, some of whom are still employed by the firm, were held and quizzed about the alleged offence, according to the New Taipei District …
Paul Kunert, 18 Mar 2014

Acer to downplay Windows in favor of Android, Chrome OS

Acer has told investors that it will reduce its emphasis on Windows PCs and laptops over the next few quarters in favor of devices based on operating systems from Microsoft's archrival Google. The Wall Street Journal reports that that Taiwanese hardware maker plans to grow its "non-Windows business" rapidly, such that Android …
Neil McAllister, 08 Aug 2013
Microsoft Surface tablets

Smaller, second-gen Surface slabs to arrive in June?

Microsoft has struggled to make headway in the tablet market so far, but sources say it may be ready to take another crack at it by releasing a new Surface model with a smaller screen as soon as next month. Inconsistently accurate Taiwanese IT industry newspaper DigiTimes reports that a variety of Asian component suppliers are …
Neil McAllister, 02 May 2013

Microsoft Surface sales numbers revealed as SHOCKINGLY HIDEOUS

Microsoft's shares took a beating following its gloomy fiscal 2013 earnings report earlier this month, in which it wrote down nearly a billion dollars on its unloved Surface RT fondleslabs. But the software giant isn't out of the woods yet, because new details have emerged that have the full Surface picture looking even worse …
Neil McAllister, 30 Jul 2013
Microsoft Surface tablets

Microsoft: Surface a failure? No, it made us STRONGER

Microsoft's Surface fondleslabs haven't been selling as well as it or its retail partners would have liked, but top execs say that building hardware in-house is an essential part of Redmond's strategy, and one that has already paid off. Speaking at a meeting with financial analysts on Thursday, Microsoft chief operating officer …
Neil McAllister, 20 Sep 2013
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Google plans touchscreen Chromebook for 2013 - report

Undeterred by the luke-warm response its partners have had launching their browser-only Chromebook laptops, Google is set to hit the market with a touchscreen version at the end of 2012, according to reports from Taiwan. The 12.85in notebook will be the Chocolate Factory’s first own-branded effort, with Taiwanese OEM giant …
Phil Muncaster, 27 Nov 2012

Windows 8 hype has hurt PC makers and distributors - Gartner

Gartner slashed its PC sales forecast yesterday evening amid warnings that a glut of unwanted Windows 8 kit is sitting in warehouses gathering dust. The beancounter expects global shipments to reach a little over 305 million PCs this year, a decline of 10.6 per cent versus the previously projected drop of seven per cent. It is …
Paul Kunert, 25 Jun 2013
iconia W3 acer

Acer kicks off Computex with tabs and phabs

Acer got Computex 2013 off to a less-than-spectacular start this morning with the launch of the world’s first “one-handed” Windows 8 tablet, a 5.7in phablet and a new version of its flagship ultrabook. In a relatively subdued press conference, Acer president Jim Wong unveiled the company’s latest attempt to get back into the …
Phil Muncaster, 03 Jun 2013
fingers pointing at man

Acer Q1 profit falls

Acer's recovery at the end of last year was short lived as Q1 sales and profits moved south. Revenues and operating income declined 11.4 per cent to NT$113bn and NT$138m respectively in the three months, which the firm described as being "in line with expectations". Profit after tax fared worse, crashing 72.1 per cent to NT$ …
Paul Kunert, 25 Apr 2012
gianfranco_lanci

Former Acer CEO Lanci trousered £27m after PC-mountain cockup

Acer's former CEO pocketed a tidy pay-off worth NT$1.28bn (£27.2m) after exiting the Taiwanese PC giant last year, the vendor has revealed. Lanci left the firm in March 2011 following a boardroom bust-up over the future direction of the company and carried the can over a calamitous inventory cock-up that forced Acer to write …
Paul Kunert, 21 Jun 2012
Acer Aspire Timeline Ultra laptop

Ultrabooks to account for 35% of Acer laptop shipments

We already know that, having failed to set the world alight with its tablets, Acer is keen to talk up alternatives, most notably Intel's Ultrabook platform. So it comes as little surprise that the PC maker is saying it's going to sell a lot of them this year. Specifically, it reckons at least a quarter and perhaps more than a …
Tony Smith, 19 Jan 2012
For Sale sign detail

Acer writes off $150m as audit finds 'abnormalities'

Acer CEO and Chairman JT Wang has relinquished his remuneration package including bonuses from 2010 after the firm unearthed "abnormalities" in channel inventory across EMEA that will cost it US $150m (£91m) to write off. The Taiwanese giant will also cut board directors' pay packages by 50 per cent, ask staff to take a 40 per …
Paul Kunert, 01 Jun 2011
hands waving dollar bills in the air

Misery at Acer: 'Breaking even this year is impossible'

Acer has announced its first-ever quarterly loss as a veritable vortex of inventory backlogs, internal reshuffling, sluggish PC demand and runaway iPad popularity chewed through its profits. The Taiwanese firm's Q2 loss after tax was NT$6.8bn ($236m), according to its preliminary results, which came from "$150m in sales …
For Sale sign detail

Acer boss quits after board disses his future strategy

Acer CEO and president Gianfranco Lanci has quit the computer maker, after boardroom wrangles over the company's future left him high and dry. His resignation is with immediate effect, said Acer in a statement to The Register this morning. The company's chairman, JT Wang, will take the CEO chair in the interim, while Acer …
Kelly Fiveash, 31 Mar 2011
ARM

Acer to deliver ARM notebook within nine days

Acer needs to hurry. Apparently, it's going to launch the first ever notebook based on an Nvidia Tegra 2 chip this month, and there only nine more days to go. The - we suppose we have to say "smartbook", the moniker once given to ARM-based netbooks but sadly much out of favour in these tablet-centric times - will run Android 3.2 …
Tony Smith, 22 Jul 2011
hands waving dollar bills in the air

Acer CEO: No more 'cheap and unprofitable' products

Acer is plotting a return to profits that partly rests on the success of the ultrabook after revealing it is close to completing its operational and management overhaul. The Taiwanese giant posted losses for the past two consecutive quarters as it dealt with an inventory crisis caused by a consumer spending freeze made worse by …
Paul Kunert, 07 Dec 2011

'It is not something you are good at, so please think twice'

This was the week when Apple was not having fun in the cloud, with its own co-founder dissing the whole concept and its iCloud easy ID recovery contributing to a very public hack. Woz couldn't have been more clear about his lack of faith in the cloud, saying: I really worry about everything going to the cloud. I think it's …
The Register breaking news

'$199' Surface tablets: So crazy it might work, or just crazy?

If the latest Redmond rumors are to be believed, Microsoft's ARM-based Surface tablet models could arrive priced as low as $199, positioning them as heavyweights in the burgeoning low-cost tablet category. Engadget reports that the $199 price point was unveiled at the recent TechReady 15 conference, an internal technical event …
Neil McAllister, 14 Aug 2012
Acer Iconia A500

Acer insists fondleslab 'fever' is fading

Acer has once again claimed that punters are turning back to notebooks, tempted by the likes of Windows 8 and the ultra-skinny machines chip maker Intel calls "ultrabooks". The PC giant is seeking to spin this as a sign that consumer interest in tablets is waning. Yes, tablet fever is cooling down, Acer chairman JT Wang is …
Tony Smith, 25 Aug 2011
homeless man with sign

Acer slashes tablet forecast, banks on notebooks

Acer today cut its 2011 tablet PC shipment forecasts by 60 per cent, but predicted a gradual recovery in its traditional notebook stomping ground. According to reports, Chairman and CEO JT Wang told shareholders at a meeting in Taiwan that he expects tablet sales of 2.5 to three million units for the full year, down from …
Paul Kunert, 15 Jun 2011
hands waving dollar bills in the air

Acer announces shock slump in Q2 PC shipments

Acer has said its PC shipments will be down 10 per cent this quarter, highlighting the scale of the problems facing its new company president. The forecast came as the firm announced that Jim Wong would be taking over as corporate president, one of the slots left vacant by Gianfranco Lanci last month. Lanci had also held the CEO …
Joe Fay, 19 Apr 2011
arrow pointing up

Acer makes play for the cloud with iGware acquisition

Acer is making a play to build out its own cloud infrastructure after forking out $320m for US firm iGware. The troubled Taiwanese hardware vendor is going through a make-over by top brass following the departure of CEO Gianfranco Lanci at the end of March, before it publicly admitted to inventory woes that would cost it $150m …
Paul Kunert, 21 Jul 2011
Microsoft Surface tablets

Microsoft Surface slate: Acer, resellers predict a riot

Microsoft has scored two own goals by getting into the hardware game with Surface, the software giant's design for a laptop that thinks it's a tablet: long-standing PC manufacturers are alienated, and there is growing disquiet in the channel over Redmond's decision to sell the lap slab direct. The Pegatron-built Surface slate …
Paul Kunert, 07 Aug 2012

Glassholes, snapt**ts, #blabbergasms, selfies and PRISM: The Reg's review of 2013

"Selfie" is the Oxford English Dictionary's word of the year. There's nothing new about a "selfie" - it's a self-portrait - but a perfect storm of social networks and smartphones has given popularity to a word and an act even world leaders feel it's OK to do on really serious occasions. In keeping with a long tradition here at …
Gavin Clarke, 31 Dec 2013
The Register breaking news

Pundits predict plunging iPad market share

Acer's chairman JT Wang may believe Apple's share of the tablet market may shortly plunge to between 20 and 30 per cent, but market watcher iSuppli doesn't see it falling below 60 per cent, for the next few years at least. Wang argues that the arrival of a fleet of Android-based tablets from his company and others will together …
Tony Smith, 26 Aug 2010
The Register breaking news

Samsung scents strong Android tablet sales

Watch out, Apple, Samsung wants your market share. The South Korean giant has forecast that its Galaxy Tab 7in Android tablet will account for a third of the slate market by this time next year. To do so, Samsung expects to sell 10m of the things, the vast majority through network operators, company executive Hankil Yoon told …
Tony Smith, 08 Sep 2010
The Register breaking news

Microsoft becoming Apple with Windows 8 control freakery?

Microsoft is becoming more like Apple by bringing some hardware discipline to Windows 8 tablets, to the annoyance of OEMs who've had decades of freedom. At his week's Computex trade show in Taipei, Acer chief executive JT Wang complained that Microsoft is putting "troublesome" restrictions on makers of tablets running Windows, …
Gavin Clarke, 02 Jun 2011
chart

Acer to dump 3 million laptops onto European market

Expect some great deals on Acer laptops in coming weeks. The Taiwanese giant has huge amounts of unsold stock to shift and looks set to flood Europe with more than three million machines. Where will the stock be dumped and at what cost? We will we know only when they turn up in store at prices too true to be good - for rival …
Paul Kunert, 13 Jun 2011
Microsoft Surface tablets

Microsoft's ARM blunder: 7 reasons why Windows RT was DOA

Industry doomsayers were circling Windows 8 like buzzards before it even launched, but they picked the wrong carcass. Microsoft's real 2012 roadkill was Win8's ARM-powered cousin, Windows RT. The chattering class's comparisons of Windows 8 and Windows Vista are premature – it will take several more quarters before we can gauge …
Neil McAllister, 18 Jan 2013
Google_Chrome_logo_SM

Acer to be 'first' with Chrome OS netbook

Not satisfied with Android - added to its Aspire One D250 netbook last month - Acer is to roll out a mini-laptop based on Google's Chrome OS in less than a year's time. Not that Acer itself has said so - the claim comes from an unnamed industry insider cited by DigiTimes, though the site notes Acer chairman JT Wang has said his …
Tony Smith, 02 Dec 2009
Google Chrome OS tablet mock-up

Acer denies Chrome OS netbook launch is near

Acer has gone on record to state that it will not be launching netbooks based on Google's Chrome OS in the "short term". "Acer believes that Chrome OS is without doubt an exciting product announcement and deserves its full attention as well as an in-depth study of its potential from a consumers perspective," the Taiwanese …
Tony Smith, 18 May 2010
Acer_logo_SM

Acer unveils smartphone launch date

The first Acer-branded smartphone will be launched in the first quarter of 2009, it has emerged. The company has officially confirmed the launch date, according to a report by DigiTimes. Unfortunately, Acer hasn’t been kind enough to state which phone(s) will be shown off upon launch, or in which regions its handsets will …
James Sherwood, 05 Dec 2008

Acer: Vista Home Basic is a lemon

Microsoft is effectively smuggling through a price hike for Windows Vista - by making the entry-level version so poor that no-one will want to use it. So says Jim Wong, senior veep at Acer, the world's number four PC maker, who told UK hack Jon Honeyball: "The new [Vista] experience you hear of, if you get Basic, you won't feel …
Drew Cullen, 27 Oct 2006
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Acer outlook not so sunny after all

Acer has scaled back its expectations in the PC market after an optimistic forecast earlier this year. It blamed Microsoft for failing to push up demand for its latest operating system, Vista. Acer, which was recently ranked by Gartner as the third largest PC vendor behind Hewlett Packard and Dell, said it now expects sales …
Kelly Fiveash, 14 Jun 2007
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Acer Q1 profits down, revs revved up

Acer Inc today reported a drop in first quarter net profit after one-off investment gains this time last year. The Taiwan-based firm, which now holds the number three spot behind rivals HP and Dell in global shipments, has reason to be cheerful, however, with its recent aggressive expansion showing stable core growth in the …
Kelly Fiveash, 23 Apr 2008
channel

Gateway denies talks with Acer

Tawain's Acer is not in talks to acquire Gateway, the California-based computer maker said yesterday. Shares in Gateway surged by up to eight per cent over the past few days as analysts speculated over comments made by Acer's chief executive, JT Wang, who said the company was looking at a possible PC industry acquisition. …
Kelly Fiveash, 21 Mar 2007
Pacman

Gateway up on Acer bid talk

Gateway's shares have lifted eight per cent over the past few days as word spreads of a possible takeover bid from Taiwan's Acer. ThinkEquity analysts spoke of strong indications Gateway is to be targeted after JT Wang, chairman and chief executive of Acer, said last week the company was "hoping to make an acquisition this year …
Kelly Fiveash, 20 Mar 2007
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Acer acquisition will be bigger than a breadbox, smaller than Gateway

Acer still won't say which PC vendor it plans to acquire, but it will give us a few hints. When chief executive JT Wang said last month that Acer was looking at acquiring a company as a part of its plan to overtake Lenovo, professional speculators first bet on Gateway computers. The news sent Gateway shares up 18 per cent from …
Austin Modine, 27 Apr 2007

Acer to grab Gateway for $710m

Acer plans to buy Gateway in a deal worth $710m, which will make Taiwan's computer giant the third-largest computer supplier in the world. Under the agreement, Acer has made a cash offer to buy all outstanding shares of Gateway for $1.90 per share. Acer said the purchase will create a combined company worth $15bn in revenues, …
Austin Modine, 27 Aug 2007
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Acer: We’re comin’ at ya, Dell

And so to Budapest last month for Acer’s annual global press conference. What did I learn? That Acer in recent years rose without trace to become easily the world’s third biggest PC vendor. That in the first half of this year, the company supplanted Dell to become the world’s second biggest laptop supplier. And that the Acer …
Drew Cullen, 06 Oct 2008