Acer's election company founder Shih is the company's new chairman

Acer said in a Thursday statement that Shih will be chairman and interim president of the company, and that the appointment will take effect immediately. Meanwhile, Acer's current president, Wong, will resign.

Acer, who has been second in the PC industry in recent years, has suffered from PC growth and has not made significant gains in the mobile market.

Acer also said in Thursday that the company would cancel the role of chief executive, whose responsibilities would be the responsibility of the Chairman or president.

According to some sources, Wang and Wong have agreed to serve as Acer consultants to ensure a smooth transition and a smooth management turnover. The news also said that Shih would not receive any salary in the new role.

Vincent Chen, an analyst at the Chenfongfang securities firm in Taipei, said that for Acer, Shih's return and Acer's removal of chief executive positions were positive trends, which could signal a real change for the company Shih.