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Acer CEO Steps Down Over Disagreement

Computer maker said Thursday its top executive has resigned over differences with board members about the company's future.

TAIPEI, Taiwan (AP) -- Acer Inc., a leading global computer maker, said Thursday its top executive has resigned over differences with board members about the company's future.

The announcement came a week after the Taiwanese company said its first-quarter results would be significantly worse than expected -- a 10 percent quarter-on-quarter drop in revenue against an earlier forecast of a three percent increase. Acer also missed its revenue target in the previous quarter.

Some PC makers have seen revenues slip in the wake of brisk smartphone and tablet sales -- an area where Acer has lagged.

The company said in a statement that board members failed to agree with CEO Gianfranco Lanci on various business priorities after several months of discussions.

"They placed different levels of importance on scale, growth, customer value creation, brand position enhancement, and on resource allocation and methods of implementation," Acer said.

Chairman J.T. Wang is taking over as interim chief executive, effective immediately, the statement said.

"The personal computer remains the core of our business," Wang said in the statement. "In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players."

Lanci became chief executive in 2008 after helping Acer significantly increase its market share in Europe, especially in his native Italy.