Acer aims to expand business model

|By:, SA News Editor

Acer (ASIYF), the world's fourth-largest personal-computer maker, is looking to increase its corporate cloud-computing business and sell more low priced smartphones as it seeks to offset falling laptop sales.

"We have to expand our product offering from PC's to other faster-growing segments, especially smartphones and tablets," Acer CEO Jason Chen says.

The company is looking to position its mobile devices in developing countries where its brand will stand out, and not to yet penetrate the U.S. and Chinese market.

With regards to its cloud-computing model, Acer it pursuing a new consumer cloud service, called Build Your Own Cloud. The platform will let users share data between their PCs and mobile devices.