IT 100 Special Report 2006 >

  THE INFOTECH 100 COMPANIES
Untitled

63

Acer

(TSEC: 2353)

Taiwan

You think Dell vs. Hewlett-Packard is the hottest rivalry in the PC world? Another battle is heating up in Asia. Taiwan's Acer, the world's No. 4 PC maker, is hot on the heels of Chinese PC maker Lenovo, the No. 3 PC maker following its acquisition of IBM's PC division. Acer executives are confident that they are closing the gap. To do that, they're pushing more aggressively into Lenovo's key markets in China and the U.S. To reduce Acer's reliance on notebook PC sales, the company is now expanding into liquid-crystal-display TVs and launching new PCs equipped with HD-DVD drives. But as competition increases, profit margins are shrinking, and investors are worried: Acer's stock price is down 35% this year.

Company Info

2005 Rank

22

Sales*
($ Millions)

9,921.8

Sales Growth
(over prev. year)

41 %

Profits*
($ Millions)

264.4

Return on Equity

12.9 %

Total Return on Sales (12-mo.)

-2.6

Share Price
As of 5/31/06

1.63

CURRENT
MARKET INFO

TSEC: 2353

No. of Employees

Industry Computers & Peripherals
COMPANY WEB SITE >
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Acer and its subsidiaries engage in the design, manufacture, distribution, installation, and servicing of information technology and software products worldwide. It operates two business lines: information technology, and software and repair service. The information technology business line provides computer system products, including desk-top, notebook, handheld, and tablet products; server and storage; CRT monitors; LCD monitors; peripherals; DVDs; projectors; IA and personal; multimedia; and LCD TVs. The software and repair service line distributes global software applications, integrates system software, and provides e-enabling services for corporations; data center, smartcard, and smart terminal-related services; and e-service solutions and e-ticketing services. It distributes its products through dealers and distributors. The company is based in Taipei.


Data provided by Capital IQ
 
J. T. Wang

J. T. Wang

Chairman and Chief Executive Officer

J.T. Wang has been president of Acer since November, 2001, and a director since March, 2002. Wang serves as chairman of Hitrust.com and Lottery Technology Services. He serves as a director of E-life Mall and Acer TWP, and chairman of Acer Cyber Center Services. He serves as director of DCS Computer System, Minly Tech, and Weblink International. He holds a bachelor's degree.



Executive Data provided by Capital IQ