Fading Acer makes virtual reality gambit to turn things around

Hong Kong

ACER Inc's best chance of regaining relevance in the brutal arena of computing gadgets may be a big gamble on virtual reality (VR).

The personal computer maker that once led the world in laptops is jumping into VR, but with a twist. Chief executive officer Jason Chen is staking his company's turnaround on ultra high-end headsets far pricier than Facebook Inc's Oculus Rift or HTC Corp's Vive.