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acer inc-gdr 144a (ACEIY) Details

Acer Incorporated engages in the research, development, design, marketing, sale, and service of information technology products; and provision of e-commerce solutions. The company offers notebook personal computers (PCs), desktop PCs, servers and storage products, netbooks, chromebooks, liquid crystal display (LCD) monitors, projectors, smartphones, tablet PCs, ICT devices, and smart handheld products. It also engages in the repair and maintenance of information technology products; provision of electronic data supply, processing, and storage services; software research, development, design, trading, and consultation; provision of financial services; and property development activities. In addition, the company develops AcerCloud applications and services. The company sells its products under the Acer, Gateway, Packard Bell, eMachines, and Eten brand names in Europe, the Middle East, Africa, the United States, and the Asia Pacific. Acer Incorporated was founded in 1976 and is based in Taipei, Taiwan.

Founded in 1976

acer inc-gdr 144a (ACEIY) Top Compensated Officers

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acer inc-gdr 144a (ACEIY) Key Developments

Acer Inc. Reports Unaudited Sales Results for the Month and Year to Date Ended March 31, 2014

Acer Inc. reported unaudited sales results for the month and year to date ended March 31, 2014. For the month, the company reported revenue of TWD 30,791,535,000 compared to revenue of TWD 37,359,857,000 for the same period a year ago, decreased by 17.58%. For the year to date, the company reported revenue of TWD 76,730,596,000 compared to revenue of TWD 91,804,553,000 for the same period a year ago, decreased by 16.42%.

Acer Incorporated Announces Resignation of Eva Ho, CFO, Effective from April 30, 2014

Acer Incorporated announced the resignation of Eva Ho, CFO, effective from April 30, 2014. Accounting Officer: will be assigned by the Board of Directors.

Acer Announces Executive Changes

Acer's approved the retirement plan of Scott Lin, Senior Corporate VP and President of Greater China regional operation on April 30, 2014. Lin will retire after a 30-year stint at Acer. Lin shall lend his experience to Acer as consultant for one year after he steps down. Ensuring a well-planned transition, the current executive vice president of Greater China regional operation, Y.H. Zhang, will assume the position of President of Acer China regional operation. Towny Huang, currently the special assistant of Acer's Transformation Committee, will be appointed as President of Acer Taiwan regional operation.


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ACEIY Competitors

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Asustek Computer Inc 310.00 TWD +4.50
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Medion AG €16.40 EUR +0.10
Motorola Solutions Inc $63.23 USD -0.14
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Valuation ACEIY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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