Taiwan's Acer shipments grew faster than industry average in Q2 - CEO

TAIPEI Fri Jul 25, 2014 1:55pm IST

An employee uses an Acer laptop at the company's booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014. REUTERS/Pichi Chuang/Files

An employee uses an Acer laptop at the company's booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014.

Credit: Reuters/Pichi Chuang/Files

Related Topics

Stocks

   

TAIPEI (Reuters) - Taiwan's Acer Inc saw quarter-on-quarter shipments growth that exceeded the PC industry average in the April-June period, the company's chief executive said.

The beleaguered computer maker, which eked out a net profit in the first quarter after three straight quarters of losses, has turned a corner and will remain "on track" in the third quarter, chief executive Jason Chen told reporters.

The comments were reported by Taiwanese media on Friday and confirmed to Reuters by a company representative.

Products such as the Chromebook, which has seen on-year sales more than double so far this year, Chen said, are the main drivers of the company's optimistic outlook.

Acer will report its second-quarter earnings in the coming weeks.

Chip maker Intel Corp recently issued a sunny revenue forecast amid improving fortunes in PCs worldwide.

Acer shares were trading up 3.25 percent Friday, versus a fall of 0.61 percent in the main TAIEX index.

(Reporting by Michael Gold; Editing by Stephen Coates)

FILED UNDER:

Tech Wrap

Reuters Showcase

Indian Healthcare

Indian Healthcare

Exclusive - Payment delays dent India's flagship health, AIDS programmes  Full Article 

India-Pakistan Ties

India-Pakistan Ties

Indian, Pakistani foreign secretaries to meet in Islamabad.  Full Article 

Food Security

Food Security

India will not cut multi-billion dollar food handout programme - PM   Full Article 

Ola's Expansion Drive

Ola's Expansion Drive

Taxi group Ola steps up expansion drive  Full Article 

Controversial Film

Controversial Film

Film on 2012 Delhi gang rape stokes debate on Indian male mindset  Full Article 

Sahara Saga

Sahara Saga

Sahara's Grosvenor House hotel in London put up for sale   Full Article 

Beef Trade

Beef Trade

Maharashtra clamps down on beef trade through new act  Full Article 

Environment Concerns

Environment Concerns

Deforestation could shift monsoons, leaving India high and dry.  Full Article 

 'Smart Cities'

'Smart Cities'

India's 'smart cities' would be stupid without disaster strategy  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage