Amid the global stock market crash, many technology stocks in Taiwan are "cheap and value-for-money", and there are constant rumors of mergers and acquisitions in the market. Acer's honorary chairman Shi Zhenrong said yesterday that if someone launched a hostile merger with Acer,

Due to the global stock market crash, many technology stocks in Taiwan are "cheap and great value", and there are constant rumors of mergers and acquisitions in the market.

Acer Honorary Chairman Shi Zhenrong said yesterday that if someone launches a hostile merger with Acer, he will welcome it, but the other party can only buy an empty shell; the outside world is afraid that "vultures" will eat up the company, but he believes that vultures are "beneficial birds" , allowing capable people to transform the organization into a more "kingly" one.

Shi Zhenrong said that malicious mergers and acquisitions often occur in Europe and the United States. He was also the first person in Taiwan to initiate international mergers and acquisitions. Acer had previously acquired the Texas Instruments laptop department, etc. These mergers and acquisitions were all aimed at creating higher value and making Make better choices.

He said that European and American management teams usually focus on money, and CEOs work for money, but Taiwanese people have missions and emotional factors, not just for money. If there is a malicious merger and acquisition in Taiwan, after the major shareholders take the money, they can also bring people with them. If you start other companies, the management team will be gone, and the acquirer will only buy an empty shell.

Regarding the stock price once falling below 10 yuan (NT$, the same below), Acer CEO Chen Junsheng said that the current oversold stock market should have nothing to do with fundamentals. Acer currently has 9.9 billion yuan in short-term liabilities, and there is still cash on hand after deducting the payment of short-term liabilities. With more than 20 billion yuan, the financial situation is quite safe.

Regarding the market conditions in the second half of the year, Chen Junsheng said that the global economy is currently unstable except for the United States. However, Acer has passed the test of Win10 shipments and now only has two major challenges: inventory and exchange rate. Compared with other manufacturers, Acer has less inventory pressure.

Source: United Daily News