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Acer splits in two

Acer Aspire V Nitro gaming laptop
Acer Aspire V Nitro
Due to its poor financial results in the last few years, Acer divides its business into two groups, namely Core Business and New Business.
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Although Acer was aiming for the PC market leader crown back in 2010, they have fallen to sixth position in 2015.The latest financial report does not look good at all, with a 20 percent fall in revenue and a net income drop of over 65 percent. As a direct consequence, the company is splitting into two independent business groups. 

The two new business groups are called Core Business and New Business. While the first one handles "IT product development," including notebooks, desktops, tablets, monitors, and projectors, the last one's goal is "the integration of cloud services and platforms, and the development of smartphones and wearable devices with value-added IoT applications."

According to the official press release, "The division will encourage the optimization of each business model, enhance the allocation of operational resources, propel organic growth, and accelerate the overall company transformation." At last, it should also be highlighted that Acer will establish its own holding company that will manage the new business groups.

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5435 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2016 03 > Acer splits in two
Codrut Nistor, 2016-03-27 (Update: 2016-03-27)