Articles about Stan Shih

Acer E series laptops

Acer honourary chairman Shih would 'welcome' takeover bid

Stan Shih, the man who founded Acer and returned to rescue the business when it fell on hard times, would be receptive to a takeover bid but – despite its continued troubles – warned it won’t be sold on the cheap. The Taiwanese PC-maker’s honorary chairman told local press that he would “welcome” such a move, as Reuters …
Paul Kunert, 27 Aug 2015
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
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 …
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
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 …
Paul Kunert, 28 Jan 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 …
Paul Kunert, 17 Jan 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

Create a news alert about Stan Shih, or find more stories about Stan Shih.

Biting the hand that feeds IT © 1998–2017