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 …

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, 5 Nov 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 …

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
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
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, 1 Jun 2011
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

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