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Taiwanese computer maker Acer said Tuesday it has made its first major investment since overhauling its top management late last year, acquiring a 15.6 percent stake in a PChome subsidiary. "Under the ICT industry's paradigm shift Acer is going beyond hardware-based thinking; Acer termed the deal as part of the "corporate transformation" under way, led by the new management headed by Shih. Then Acer appointed Jason Chen, a former senior executive of Taiwan Semiconductor Manufacturing Co, as both CEO and president, effective from January 1.
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