Fri, Nov 10, 2006 - Page 11 News List

`Time' magazine includes Acer's Shih on its list of heroes

By Jason Tan  /  STAFF REPORTER

Time magazine has named Acer Group's founder Stan Shih (施振榮) in a list of "Asian Heroes," the magazine's tribute to the remarkable men and women who have shaped the continent over the last six decades.

Time's "60 years of Asian Heroes" feature will be published in its special 60th anniversary Asian issue on Monday.

The list of Taiwanese and Chinese heroes include Yahoo Inc founder Jerry Yang (楊致遠), Japanese baseball player Sadaharu Oh (王貞治), former Chinese president Deng Xiao-ping (鄧小平), former Singapore prime minister Lee Kuan Yew (李光耀), Hong Kong entrepreneur Li Ka-shing (李嘉誠) and movie star Bruce Lee (李小龍).

Intel president and chief executive officer Paul Otellini was quoted by Time magazine as describing Shih as the man who "ended up creating a globally recognized brand of personal computers, kindling a booming high-tech industry in Taiwan ? and inspiring a generation of Taiwanese entrepreneurs."

"Thanks in no small part to Shih's pioneering example, the integrated supply chain model is now the hallmark of PC contract manufacturing worldwide. In other words, he's a big reason why your PC costs US$1,000, not US$10,000," Otellini said.

Shih said in a press statement released late on Wednesday that the honor comes alongside Acer's rapid growth internationally. Acer is now the world's No. 4 PC brand.

The Acer culture has always encouraged teamwork and placed a premium on the long-term commitment of employees and winning business partnerships, he said.

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