New Acer CEO disappoints with lack of detail on future plans

LETDOWN: Investors looking for specifics as to the future of Acer Inc, the world's No.4 PC vendor, came away disappointed when the new CEO spent more time delivering a history of the company's past mistakes than on where it was headed. — Reuters

TAIPEI: Investors looking for specifics as to the future of Acer Inc, the world's No.4 PC vendor, came away disappointed when the new CEO spent more time delivering a history of the company's past mistakes than on where it was headed. 

Jason Chen, the latest executive to step through the revolving door to the CEO's office, said during his first press conference on Monday that the Taiwanese company's biggest mistake was investing too early in touch-panels and ultrabooks and not realising the extent to which tablet computers like Apple Inc's iPad would disrupt the PC industry.