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Articles about Stan Shih

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
management management

Son of Stan made president of Acer's cloud and notebook biz

Stan Shih, the man who founded Acer and returned late last year to stem the losses and rebuild the organisation has elevated his eldest son to overlord of slabs and cloudy wares. A company spokesman confirmed that as part of a wider management re-shuffle, Maverick Shih (for it is he) is now president of the Build Your Own Cloud …
Paul Kunert, 28 Jan 2014
Stock ticker board

Acer puts fundraising plan on ice as stocks struck by chilly winds

Acer could well postpone cash-raising activities on the Taiwanese Stock Exchange due to some volatility in its share price, according to founder Stan Shih. The plan was to issue shares with a target price of NT$20 per unit but the PC maker’s valuation dipped NT$0.35 on the Exchange yesterday to NT$19.80, so investors are …
Paul Kunert, 28 Oct 2014

Acer parachutes cofounder Huang in as new chairman

The board of directors at troubled device maker Acer have again elected a key figure from the past to help it get "back to success", the company confirmed following today's Annual General Meeting. Co-founder and general secretary of the Transformation Committee George Huang is to replace the firm's other co-founder, Stan Shih, …
Paul Kunert, 18 Jun 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
Stock ticker board

Acer pair charged with insider trading for '$72k pre-results stock dump'

Two senior Acer staffers have been charged with insider trading – after allegedly offloading shares worth $72,300 just before the PC giant announced fresh financial losses. Former company mouthpiece Henry Wang and investor relations division senior manager Jiong Yuan Chen were charged in Taiwan late last week along with five …
Paul Kunert, 12 May 2014
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
iconia W3 acer

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$ …
acer

Acer names Jason Chen as its white knight

Acer has named the man it thinks can dig it out of the hole created by the collapsing PC market. Jason Chen, currently the senior vice president of worldwide sales and marketing at Taiwan Semiconductor Manufacturing Company (TSMC), steps into the CEO and president's chair on January 1st, 2014. Chen doesn't have a high profile …
Simon Sharwood, 24 Dec 2013

You can put away the microscope – you can see Acer's profit from HERE (for a change)

Red ink was again conspicuously absent from Taiwanese device slinger Acer’s second quarter numbers, despite continued sale slippage. The biz turned in a net profit of NT$486m (£9.6m, $16.1m) for the calendar quarter versus a net loss of NT$343m (£6.77m, $11.3m) a year ago when it had stumped up for rising DRAM prices and …
Paul Kunert, 08 Aug 2014

Acer fairly sure it made a profit in Q1. Assuming it got the office tea-bag account right

Ailing Acer has told us "transformation plans" are on track despite generating a profit after tax of just NT$1m - or £19,600 - in the first calendar quarter of 2014. This titchy cash haul would cover a small bunch of non-golden parachutes for execs that want to bale: or equates to a £2.80 handout for each employee in the company …
Paul Kunert, 08 May 2014
Electronic waste dump in China

Acer writes off MEELLIONS again, scraps raw materials

Beleaguered PC maker Acer is back in the red again after scrapping millions of pounds worth of raw materials inventory as the first move to "dig" itself out of a deepening hole. With a new broom on board - the latest CEO Jason Chen was plonked into the top job back in December - operating under the gaze of founder and returning …
Paul Kunert, 17 Jan 2014

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

Samsung leaps out of volume PC game as UK market crashes

Samsung withdrew from the fight at the sharp end of Blighty's PC market last quarter, figures from Gartner indicate. The Korean firm saw shipments plummet 85 per cent to 30,000 retail boxes, down from 215,000 in Q4 a year earlier. No business systems sales were reported, the analyst said. The net impact is that Sammy's market …
Paul Kunert, 07 Feb 2014
Samsung Galaxy Nexus

Microsoft set to 'do a Nexus' with its Surface tablet

Microsoft’s much-hyped tablet PC launch is a one-off designed to boost Windows 8 adoption and encourage other manufacturers to produce their own tablets based on the OS, Acer’s outspoken founder Stan Shih has argued. Production of the 10.6in device was shrouded in such secrecy that its launch earlier this week took many …
Phil Muncaster, 21 Jun 2012
The Register breaking news

Acer's Shih hands over day-to-day control to Simon Lin

Acer's CEO, Stan Shih, has relinquished control of the day to day running of his company and will retire in six years time, according to a report in the Wall Street Journal. Simon Lin, currently CEO of Acer Inc, the Taiwanese company's the US division, will step into his shoes, the newspaper said. But that news could signify the …
A staffer, 02 Oct 1998
channel

Acer founder: 'Tablets, ultrabooks just a fad'

Those tablets and razor-thin "ultrabooks" that are grabbing all the headlines these days are just passing fads, says the founder of PC-maker Acer. According to a report by DigiTimes, Acer's Stan Shih – yes, he of the "Stan Shih Smile Curve" – says that PCs remain the foundation of the IT industry, and that the industry needs …
Rik Myslewski, 05 Aug 2011
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Acer boards e-books bandwagon

Acer is eying up e-books and TV to keep sales growing. The ambition, heralded yesterday by Acer chairman Stan Shih, shows the Taiwanese PC powerhouse is more comfortable building out a consumer electronics business, than striking out for the enterprise. Noting that the PC "actually is a mature industry", Shih thinks e-books are …
Drew Cullen, 05 Aug 2009
arrow pointing up

Intel dangles $300m bait in 'ultrabook' partner hunt

Intel's investment arm has created a $300m fund to support the adoption of the slim, always-on, always-connected laptop platform it calls the ultrabook – or now, with the protection of the US Patent and Trademark office, the Ultrabook™. "The Intel Capital Ultrabook Fund aims to invest in companies building hardware and software …
Rik Myslewski, 11 Aug 2011
The Register breaking news

Acer talks up XC again

Stan Shih, chairman of Taiwan PC giant Acer, has been talking about his XC idea now for nearly two years. But, if reports from the island are to be believed, the XC platform is now likely to see the light of day, bigtime, in March of next year. Shih, at last year's Computex trade show, outlined his plans for the XC and said that …
Mike Magee, 17 Sep 1999
The Register breaking news

Acer is not Benq

Acer today says it is still Acer. The company formerly known as 'Acer Communication and Multimedia' is now called Benq. A statement from the latter company issued earlier this week apparently fooled some into thinking that Acer, the PC manufacturer, was to rebrand itself as Benq. As the new press release reads, the pan Acer …
James Watson, 07 Dec 2001
The Register breaking news

Acer set to strike deal with TSMC

Rumours that Acer is about to strike a deal with Taiwanese foundry TSMC are being met with a stone wall of silence. Stan Shih, CEO of Acer, would only offer a terse "no comment" at a question and answer session at Computex this morning. TSMC is one of the largest foundries on Taiwan, while Shih has spent the last several months …
Mike Magee, 02 Jun 1999
The Register breaking news

Acer attempting to sell semi division

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 …
The Register breaking news

Acer & TSMC set wedding date

Chip maker TSMC-Acer Manufacturing Corporation (TASMC) has confirmed it is to merge with chip foundry Taiwan Semiconductor Manufacturing Company (TSMC). The consolidation with Acer's chip division will take place on 30 June, when TASMC will be absorbed into TSMC at an exchange ratio of 6-to-1 of TASMC to TSMC. The move follows a …
Linda Harrison, 04 Jan 2000
The Register breaking news

Acer caught in towering inferno

Acer lost five offices, at a cost of $20.36 million, as a Taiwan tower-block turned into a towering inferno on Sunday. According to a report by OC Workbench fire fighters battled the blaze for 35 hours before getting it under control. The 26-storey building was home to dozens of high tech companies. Taiwan's vice president …
Robert Blincoe, 14 May 2001
The Register breaking news

Acer Semi to merge with TSMC?

Speculation is mounting that chip maker Acer Semiconductor and Taiwan Semiconductor Manufacturing Company (TSMC) -- the island's largest foundry -- are to merge. Back in June, TSMC revealed it would take a 30 per cent stake in Acer Semi, and now a full-blown merger is thought to be on the cards. Wire services have picked up on …
Sean Fleming, 11 Oct 1999
The Register breaking news

Acer spouts the biggest load of management guff

Today, New Acer revealed its 'MegaMicro e-Business'. The name, and the move, is a confusing one. Chairman and CEO Stan Shih first outlined the 'New Acer' in a keynote at Taiwan's e-business expo on Tuesday. (Obviously lusting after yet more titles for his business card, Shih has also added Chief Business Architect (CBA) to the …
James Watson, 19 Oct 2001
The Register breaking news

Acer's chief takes pay cut as Taiwan warns of recession

Stan Shih, CEO of Acer, has taken his first steps to restore the ailing semiconductor division of the company by cutting his own salary by 30 per cent. Separately, the Taiwanese government issued a warning that the country was in danger of entering a recession. Shih expects other executives and staff at Acer Semicon to take pay …
Mike Magee, 28 Aug 1998
The Register breaking news

Acer follows TSMC's lead with quake fund donation

Taiwanese PC and components giant, Acer, is to donate US$625,000 to the relief fund set up in the wake of the earthquake which devastated the island last week. While Acer anticipates it will be back in full production this week, it is looking for employees to dig deep to help boost disaster relief funds. In a statement issued …
Sean Fleming, 27 Sep 1999
The Register breaking news

Acer unveils ‘most competitive’ embedded Linux

Animeta Systems, one of Taiwanese giant Acer's numerous subsidiaries, claims to have whipped up the world's most compact - it only requires 2MB RAM - and most competitive version of Linux for embedded applications. More important, perhaps, is the fact the group plans to use its new OS to oust Windows in many of the company's …
Tony Smith, 30 Mar 2000
The Register breaking news

Luminaries tip up in Taipei for Congress

The twelfth 2000 World Congress on Info Technology will officially open for business in one hour's time, with a cast of top luminaries preaching their views on IT, the internet and e-commerce. Speakers today winclude winsome Carly Fiorina, CEO of HP; Stan Shih of Acer; John Rockefeller IV; Ericsson's president Kurt Hellstrom …
Mike Magee, 12 Jun 2000
The Register breaking news

Acer-TSMC deal draws closer

More details have emerged about the deal between Acer and Taiwan Semiconductor Manufacturing Co(TSMC), revealed here yesterday. See Acer set to strike deal with TSMC. Morris Chang, chairman of TSMC, confirmed that both his company and Acer are in talks over an equity stake in the ailing chip division. TSMC may even take as much …
Mike Magee, 03 Jun 1999
The Register breaking news

Transmeta talks to Taiwan

Several major Taiwanese manufacturers are in close discussions to use Transmeta technology in future machines, according to sources close to their plans. Acer and a number of other major notebook players are understood to want to use the technology to achieve their goals of proliferating PCs into the home in Far East Asia. CEO …
Mike Magee, 25 Jan 2000
The Register breaking news

Chips are up for Acer

Acer Semiconductor has signed a five year cross-technology deal with Silicon Storage Technology (SST). Acer will manufacture SST products and SST will licence its patented SuperFlash technology to Acer. Manufacturing is not scheduled to begin until year 2000. SST will get royalty payments from Acer, who in return will be …
Team Register, 14 Jan 1999
The Register breaking news

Acer, TSMC to expand in Taiwan despite quake

The two largest computer companies on Taiwan said today that they will continue to expand their operations, despite the earthquake that hit the island in September. According to the Computex trade show site, Acer and TSMC will continue to build fab plants in Taiwan, with TSMC putting plans in place to build six eight-inch wafer …
Mike Magee, 20 Oct 1999
The Register breaking news

Acer postpones share issue again

Acer has yet again had to postpone its long awaited share issue, blaming stock market uncertainty and currency fluctuations for the hold up. Originally planned for last year, the issue of 200 million shares has been subject to delays as the world’s number two PC manufacturer struggles against less than favourable market …
Team Register, 12 Jan 1999
The Register breaking news

ST claims sub-$100 chip breakthrough

ST Microelectronics said it has produced an integrated system on a chip which will allow industrial PCs to be built for less than $100. But that begs the question why end users should be denied the benefits of such a system. The announcement will put ST head to head with NatSemi-Cyrix, which has vowed to be a leader in the …
Mike Magee, 26 Oct 1998
The Register breaking news

Software spin-off put on hold by Acer

Acer has put plans for a software spin off on the back burner due to worries over the new arm’s profitability. The Taiwanese PC manufacturer has delayed plans to expand the division as a separate software company due to no guarantee over earnings for the venture. An Acer representative said: "We want the software division to be …
Linda Harrison, 14 May 1999
The Register breaking news

Acer looks to Net for post-hardware profits

Acer, like the world+dog, plans to expand beyond its traditional hardware markets into the Internet business, the company's co-founder said today. George Huang, Acer's corporate general controller, told Reuters that the company wants to become a major player in the Asia Internet market. The report paints Huang's comments as a …
Tony Smith, 24 Mar 2000
The Register breaking news

Acer goes NatSemi Geode mad…

We noticed a strange confluence between top Taiwanese PC firm Acer and National Semiconductor which were both on the same platform at last June's Computex. Both Stan Shih, Acer's CEO, and Brian Halla, NatSemi's CEO, seemed to be congratulating themselves on the shared platform which might make sense given the plunging price of …
Mike Magee, 18 Nov 1999
The Register breaking news

1998 Semiconductor Quotes of the Year

"My mother asked me why we weren't using copper," Dr Alfred Yu, senior VP, Intel (Dr Yu's mum had heard copper was faster than aluminium because of IBM's publicity. Dr Yu said it might be faster but it was far more expensive. Mrs Yu's answer was not recorded.) "In the year 2012, we will have a microprocessor with one tenth of …
Mike Magee, 18 Dec 1998
The Register breaking news

Acer anticipates big growth figures for ‘99

Taiwanese manufacturer Acer is in bullish mood, predicting 40 per cent sales growth in the first quarter of 1999. It expects to see increased demand for its own-brand PC-based products as well as in its OEM business, with overall growth for the year thought to be in the region of 20 per cent. Last year, Acer saw a 40 per cent …
Sean Fleming, 31 Mar 1999
The Register breaking news

Could NatSemi SOCs threaten Celeron's existence?

Intel engineers, as we speak, are scrabbling desperately to come up with their own version of a system on a chip (the Timna), but it is likely that National Semiconductor's Geode SOC has a clear lead of a year on the competition. But that poses questions as to what Intel will do with its Celeron processors faced with the rise …
Mike Magee, 23 Jul 1999
The Register breaking news

Nat Semi CEO proposes giveaway PCs

Brian Halla, president and CEO of National Semiconductor, has become the latest industry big-wig to leap on the idea of giving away PCs for free. But don't call the guy up to demand a Pentium in the post -- he reckons Web-based e-commerce practitioners will do the donating. Speaking at the Microprocessor Forum in San Jose, …
Tony Smith, 14 Oct 1998
The Register breaking news

Sony to outsource notebooks to Taiwan

The IT powerhouse that is Taiwan is set to pick up elements of the Sony Vaio notebook line at the end of this year, in another coup for manufacturing on the island. Not completely coincidentally, the Wall Street Journal has reported that Mosel Vitelic and Japanese company Sharp are to set up a joint venture in a new science …
Mike Magee, 25 Jul 2000
The Register breaking news

The Tzu Chi Foundation – the world’s largest Buddhist charity

Taiwan might be best known to Reg readers as the home of the major DRAM manufacturers and other computer component makers but it is also home to the world's largest Buddhist charitable foundation. The Tzu Chi Foundation was founded in 1966 by a 30 year-old female monk called Dharma Master Cheng Yen. It runs international …
John Oates, 30 Nov 2008
The Register breaking news

Intel’s Basic PC plans could be fatally flawed

If there are going to be one billion PCs across the planet in the next few years, they’ve got to be a lot cheaper than they are now. This premise is central to Intel’s plans for market segmentation but the concept is also shared by Stan Shih, Acer’s CEO, as well as rival chip companies Cyrix and AMD. This week, at the Intel …
Mike Magee, 15 Sep 1998
The Register breaking news

World IT jamboree in Taipei a wossat

The World Conference on IT, a two yearly event, opened last Sunday night in Taiwan to dragon dancers, drummers, wicker baskets and rain that drenched anyone that peeked out of the all-over thunderstorm prophylactics supplied by the organisers. While it was undoubtedly a coup for this little island to drag together Bill Gates, …
Mike Magee, 16 Jun 2000