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:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Wipro Results

People walk in the Wipro campus in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/Files

Wipro sees rosier end to year as U.S. clients spend

India's third-biggest software services firm Wipro Ltd , under pressure to improve lacklustre sales growth, said it saw a rosier end to the year as more confident U.S. clients increase spending.  Full Article 

Reuters Showcase

New Email Service

New Email Service

Google launches new email service dubbed "Inbox".  Full Article 

Cyber Attack

Cyber Attack

China-backed hackers may have infiltrated Apple's iCloud - blog.  Full Article 

User Data Security

User Data Security

Apple CEO discusses security with top Chinese official amid hacking claims - Xinhua.  Full Article 

Patent Wars

Patent Wars

Big Tech winning battle with 'patent trolls'.  Full Article 

Record Season

Record Season

FedEx expects record peak volume of 22.6 million packages on Dec. 15.  Full Article 

Yahoo Earnings

Yahoo Earnings

Yahoo ekes out Q3 revenue gain despite display ad weakness.  Full Article 

Reuters India Mobile

Reuters India Mobile

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