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    Acer to become world's 3rd largest PC vendor?

    Discussion in 'Acer' started by kidd, May 3, 2004.

  1. kidd

    kidd Notebook Enthusiast

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    Taiwan's Acer vying to become the world's third largest PC vendor

    Mon May 3, 8:50 AM ET


    TAIPEI (AFP) - Acer Inc., Taiwan's leading personal computer maker, said it is vying to become the world's third largest seller of PCs in two to three years.


    "We were in sixth (place) last year and are optimistic about growth for this year to grab the fifth position," company president J.T. Wang told a briefing Monday.


    "We may reach the fourth position in one year and the third in two to three years."


    Acer, which provides various information technology and communications devices, said its consolidated sales are expected to double to 400 billion Taiwan dollars (11.98 billion US) in 2006 or 2007 from 202.09 billion dollars forecast for 2004.


    "We will be doubling our sales in two or three years," said Wang.


    He said sales in the second quarter to June were seen rising by single-digit percentage points from the first quarter's 49.43 billion dollars.


    Acer claims to be the fifth-largest seller of personal computers in the world with a market share of 3.3 percent in the first quarter to March, behind Dell Computer Corp. (18.6 percent), Hewlett-Packard (15.5 percent), International Business Machines Corp. (5.5 percent) and Fujitsu (4.5 percent).


    The company's net profit in the first quarter to March more than doubled to 1.39 billion dollars on the back of higher shipments.


    Sales in January-March grew 63 percent year-on-year to 49.43 billion dollars.


    For 2004, Acer has forecast a net profit of 7.34 billion dollars on sales of 202.09 billion dollars, from last year's net profit of 7.31 billion dollars and sales of 81.66 billion dollars.


    News Link:

    http://story.news.yahoo.com/news?tmpl=story&ncid=1211&e=3&u=/afp/20040503/tc_afp/taiwan_computer_acer_company

    [ :)]

     
    kidd, May 3, 2004
    #1
  2. Andrew Baxter

    Andrew Baxter -

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    the thing is, Acer is #1 in Europe and I believe #2 in the Middle East. It's in the U.S. where they are just an "also ran" and need to do a lot of catching up. For some reason they have just done much better in other markets.
     
    Andrew Baxter, May 4, 2004
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