Acer CEO steps down over strategy disagreements, company to seek leadership in mobile devices

Acer CEO steps down over strategy disagreements, company to seek leadership in mobile devices

In this post-PC world we're living in, tablets and phones rule the landscape. But could they match the power, robustness and level of customization a personal computer can offer? This question seems to have been in the core of the strategic disagreement between Acer CEO Gianfranco Lanci and the company's board, which led to the former stepping down and leaving the company in the hands of chairman JT Wang, who'll take the role of acting chief executive. The computing landscape has changed and the slow adaptation to that seismic shift has lead Acer into a second consecutive chapter of missing initial financial expectations.

"The personal computer remains the core of our business," said Wang. "We have built up a strong foundation and will continue to expand within, especially in the commercial PC segment. In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players."

Acer has certainly stepped up their game with the ICONIA tablets announced back at CES, but it remains underrepresented in the segment, while this statement seems to stress the importance of their mobile business even more.

"In this new ICT industry Acer needs a period of time for adjustment. With the spirit of entrepreneurship, we will face new challenges and look to the future with confidence," added Wang. This marks a departure from the mass-volume approach the company has been employing in recent years to a more balanced stance.

source: Reuters and Hexus



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