Before this happens, Acer will increase its shareholdings in these companies to above 50% to have full control of them.
According to Digitimes, Stan Shih believes BYOC businesses should not be placed under a big organisation and should be operating independently in order to create more value. Shih said that Acer is nurturing its younger-generation executives to become successors.
Acer's third-quarter consolidated revenues reached $2.01 billion, growing 3.4 percent on year.
Acer's revenue growth in the third quarter was driven by five major factors: increased revenues from gaming products, which were up 168 percent on year and contributed over 10 per cent of Acer's overall third-quarter revenues; sales from Latin America especially in Brazil growing steadily and rising 30 percent from a year ago; increasing demand for Windows-based enterprise notebooks, which helped drove revenues from the enterprise sector to grow 40% on year; Chromebook's rising revenues, which went up by 27 per cent on year; and an average revenue growth of 30 percent on year for its emerging businesses.