Taiwan's Acer shipments grew faster than industry average in Q2 - CEO
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)
- Tweet this
- Share this
- Digg this
Alibaba Group Holding Ltd's shares surged in their first day of trading as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class. Article
Los Angeles iPad rollout for schools slowed by technical challenges - report. Full Article
When music stops for Oracle CEO dance, Catz may grab Ellison's chair - analysts. Full Article