Dell and HP might want to listen up: Acer founder Stan Shih thinks U.S. PC companies may be extinct within the next 20 years.
Speaking to Taipei's Commercial Times newspaper, Shih told the publication that the market requires cheaper pricing and, according to the Acer founder, U.S.-based companies just don't understand how to make that strategy a success.
"The trend for low-priced computers will last for the coming years," Shih told the paper. "But U.S. computer makers just don't know how to put such products on the market. U.S. computer brands may disappear over the next 20 years, just like what happened to U.S. television brands."
It's an interesting take. Acer, which years ago was little more than an also-ran in the market, is now the world's second-largest PC vendor beating out U.S.-based Dell for the spot.
Market research firm IDC reported late last year that U.S.-based Hewlett-Packard led the third quarter with a worldwide market share of 20.2 percent. Acer captured 14 percent of the market, while Dell dropped to 12.7 percent. The big three were followed by Lenovo and Toshiba, respectively.