Acer Inc (
Acer hopes to become a worldwide powerhouse in information technology services, software and sales of its brand-name products, including personal computers, notebook PCs, personal digital assistants and other computer-related products.
"Acer operations have just become too big and too complex," chairman Stan Shih (
The company also manufactures personal computers and notebook PCs for multinationals such as International Business Machines Corp (IBM). Acer products compete with its own customers, often creating friction.
In response, Acer has separated the contract manufacturing arm of the company into a separate business unit called Wistron. Acer plans to sell off over half its stake in Wistron this year. It plans to lower its total holding in Wistron to around 30 percent by the end of 2003.
Acer has already shifted some notebook-PC orders from Wistron to Compal Electronics Inc (
The company expects sales to reach NT$101 billion this year, up by around 30 percent year on year and putting it in the same league as other top contract manufacturers in Taiwan, such as Quanta Computer Inc (
Wistron expects that new orders from companies such as Dell Computer Corp (for computer parts) and Microsoft Inc (for Xbox game consoles) will replace orders that formerly came from Acer.
Including subsidiary companies, executives at Wistron said the group could see sales as high as NT$120 billion to NT$130 billion. AOpen Inc, Wistron Newave Corp, Wistron Nexus Inc, Anextek Global Inc, Wistron Software Corp (宏創) and Playcoo Corp are all members of the Wistron group of companies.
Last year, Wistron had net sales of NT$74.8 billion (US$2.2 billion), while the Wistron Group had combined sales of NT$96 billion, according to the company.
CLIENTS’ RIGHTS: Banking Bureau Deputy Director-General Lin Chih-chi said the buyer and Citibank Taiwan would need to disclose changes to branch operations DBS Bank Taiwan (星展台灣), the local unit of Singapore-based DBS Group Holdings Ltd, has reportedly won a bid to acquire Citibank Taiwan Ltd’s (花旗台灣) consumer banking business, but the two companies declined to confirm the report yesterday. Citibank Taiwan’s consumer banking business is to be sold for about NT$60 billion (US$2.17 billion) to DBS Taiwan, the Chinese-language Economic Daily News reported on Sunday. DBS Taiwan and its parent company are expediting the negotiations with the seller’s US-based parent company, while other local bidders, including Fubon Financial Holding Co (富邦金控) and Cathay Financial Holding Co (國泰金控), have dropped their bids, the report said. Citibank
Intel Corp yesterday said it has placed its first order with ASML Holding NV to purchase the semiconductor industry’s first TWINSCAN EXE: 5200 system, as the US chip giant aims to compete with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in advancing to 2-nanometer process technology. The Dutch semiconductor equipment maker’s TWINSCAN EXE:5200 system is an extreme ultraviolet (EUV) high-volume production system with a high numerical aperture (NA) that can produce 220 wafers per hour, more than the 150 wafers that its previous generation TWINSCAN EXE:5000 system can handle. ASML aims to launch the new system in 2024. ASML president and chief
MediaTek Inc (聯發科), the world’s biggest 5G chip supplier, saw its ranking rise by one notch to No. 7 last year among world semiconductor vendors, as it benefited from the rapid 5G smartphone uptake in China after Huawei Technologies Co (華為) was forced to exit the market, Gartner Inc said in a report yesterday. MediaTek’s revenue soared 58.8 percent to US$17.45 billion last year from US$10.99 billion in 2020, outpacing the global semiconductor industry’s growth of 25 percent, according to Gartner’s tally. That gave MediaTek a 3 percent market share. The Hsinchu-based chip company ranked No. 8 in 2020, behind Texas Instruments
Siltronic AG cast doubt on a planned US$5.3 billion takeover by GlobalWafers Co (環球晶圓), saying the German Ministry of Economic Affairs and Climate Action’s feedback so far was opaque and offered no clear resolution on how to win approval for the deal. During recent discussions, the companies did not receive any information as to whether and under which conditions a clearance for the takeover might be issued, the German company said in a regulatory filing on Friday following a news report on remedies the companies have offered. In the ministry’s view “in this case, a mitigation agreement is apparently not suitable