Acer shutters 17 plants

Article Abstract:

Taiwanese computer manufacturer Acer Inc. will close a total of 17 assembly plants in Germany and the U.S. due to declining Original Equipment Manufacturing sales. The reorganization plan will also involve the sale of noncore assets worth over $590 million and will offset losses in North America and Europe.

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Newcomer Asustek could teach Acer a lesson in retailing

Article Abstract:

Asustek's share of the notebook computers market jumped to 12% in the third quarter of 2000, surpassing rival Acer's share despite Acer's lower prices and Asustek's newness to the market. A smart marketing strategy, which focused on the convenience of a lightweight model and low prices, pushed Asustek's notebook sales to 18,000 units in 1999.

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Acer halts spin-off plans; software division needs to mature, firm says

Article Abstract:

Acer Inc has dumped plans to convert part of a software division into an independent firm because of possible problems with the new entity's profitability. Acer spokesman Henry Wang claims that the company wants the particular software division to be more mature before making it independent. The spin off move was supposed to enhance its software business and make it as strong as its hardware operations. Acer Chmn Stan Shih believes that the division's net profit is still much less than what is expected.

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