Career
Shih chaired Multitech through to 1987, when the company was renamed Acer, continuing as Acer chairman until his retirement in late 2004, having seen the company grow from a tiny start-up to a billion-dollar worldwide brand. Shih remained active in charity work during his retirement, including serving as a special representative of President Chen Shui-bian to the Asia-Pacific Economic Cooperation Australia 2007. In November 2013, Shih returned to Acer after being reinstated as president and chairman.