Acer founder thinks American IT brands will be dead in 20 years

Summary:Acer founder Stan Shih has gone ahead and made a lot of US-based IT companies very angry - he thinks they'll be extinct in 20 years! Ouch.

Acer founder Stan Shih has gone ahead and made a lot of US-based IT companies very angry - he thinks they'll be extinct in 20 years! Ouch.

According to AFP, the Taiwanese founder said that low-priced computers is the way of the future, continuing on that "US computer makers just don't know how to put such products on the market... US computer brands may disappear over the next 20 years, just like what happened to US television brands."

This seems a bit extreme, but I could see a reduction in the number of US IT brands. (And it must only refer to PCs. I can't imagine Apple being gone in 20 years.)

Do you agree with Shih? If so, what do US companies need to do to prevent such a catastrophe?

(And are US television brands really dead? Everywhere I go in the world, there's always a re-run of Friends or Desperate Housewives dubbed in the native language... ;)

Topics: Hardware

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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