Stan Shih was more than a typical business executive or a computer
expert. Instead, Shih is one of the few executives who made an
effective transition between the very different worlds of
engineering/computer programing and multi-billion dollar business
executive. Shih’s significance to the world began in 1971. At that
time, the Taiwan-born developer created Taiwan’s first desktop
calculator. Successfully marketing his calculator, Shih did not rest on
his first major industrial accomplishment. Instead, the next year,
Shih helped form Qualitron Industrial Group and spearheaded the creation
of the pen watch.
What Stan Shih became known for, at least in Asia, was founding a
little computer company called Multitech International Corp. Multitech
International Corp. grew and it soon evolved into a computer
manufacturer known as Acer. Shih led the company from a $25,000 startup
to become one of the largest computer manufacturers on Earth. When
Shih left Acer in 2004, it was fifth in the personal computer vending
market.
In his tenure as Founder and CEO of Acer, virtually every respectable
publication in the business world named him one of the most influential
people in the world. In 2006,
Time Magazine credited Shih with revolutionizing Taiwan’s industrial sector to create the infrastructure to make it a
dominant PC-manufacturer.
Shih deserves those accolades; it was his leadership and skill that
nurtured the developing market to make it one of the most important
technology sectors in history. Far from the toys and trinkets Taiwan
produced before, Shih’s Acer made a viable, seemingly limitless,
production industry for the country.
Since retiring from the day-to-day management of Acer, Stan Shih has
shifted his focus to business pursuits. Never forgetting how the IT
industry made his career, Stan Shih founded iD SoftCapital, which is a
financing company for emerging technology companies. As the Group
Chairman of iD SoftCapital, Stan Shih continues to shape the technology
world by making business decisions that fund what he believes are the
most profitable emerging technologies.
From the desktop calculator to the next generation of computer and
electronics products, Stan Shih has left an indelible footprint on the
world!
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