Acer chairman JT Wang, commenting on the company's operations in 2012, pointed out that Acer will conduct a full-scale evaluation of its product lines and will simplify them based on the profitability with expectations to see its lineup drop by two-thirds.

Wang pointed out that the company's simplification plans will be fully completed within three years.

Although the company's product lineup in 2012 will shrink to only about one-third of the size in 2011, the company still expects sales to rise 10% on year with some market watchers believing growth may even be higher.

Wang also noted that the simplification plans will not affect its outsourcing volumes to upstream ODMs and it has already received assent from these partners. However, Acer's major partners including Quanta Computer, Compal Electronics, Wistron and Pegatron Technology, have all declined to comment about Acer's plans and only noted that the reductions should help boost the management efficiency of the upstream supply chain.