Acer President Jim Wong will replace the current chief executive after he steps down at the end of the year, according to reports.
The company's founder takes over as chairman and interim president as J.T. Wang and Jim Wong give up their positions, effective immediately.
Acer Chairman J.T. Wang says his company wants "to be realistic" about the operating system -- and has not yet decided to launch a device running the software.
Chairman J.T. Wang wastes no time in talking up AcerCloud, a service the company helped create through its acquisition of iGware.
Acer CEO J.T. Wang says that although his company has suffered losses in two straight quarters, ultrabooks are its ticket back to profitability.
Buoyed by record third-quarter earnings and a line of new notebooks, Acer is looking to outpace HP as the No. 1 portable PC seller, according to Chairman J.T. Wang.
Company President Gianfranco Lanci moves into CEO role, and Chairman J.T. Wang takes over as Acer Group chief.
The Taiwan-based company believes that 80 percent of its devices will be touch enabled within just two years, according to Reuters.
Acer has been a vocal critic of Microsoft and Windows 8, but now has some reason to be optimistic.
Acer's chairman says ultrabooks will stimulate a languishing Windows platform. When pricing hits $699, ultrabooks will become mainstream, he says.