Feeds

Acer anticipates big growth figures for ‘99

Notebooks & OEM sales to lead the way, but chips could still be down

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Taiwanese manufacturer Acer is in bullish mood, predicting 40 per cent sales growth in the first quarter of 1999. It expects to see increased demand for its own-brand PC-based products as well as in its OEM business, with overall growth for the year thought to be in the region of 20 per cent. Last year, Acer saw a 40 per cent jump in sales, but profit dropped by around one third. Stan Shih, Acer CEO, cut his own salary by a third last year in a symbolic gesture. It has also suspended its plans to float, citing unstable market conditions. Back in January, Acer’s financial director, Philip Peng said the float could go ahead in May – but not before. According to today’s Financial Times, Acer is banking heavily on sales of notebooks for this year’s growth – it is the number one notebook vendor in Italy, but in the UK it only owns around two per cent of the market. The company expects notebook shipments to grow from last year’s figure of 800,000 to perhaps as much as 1.5 million units. The long-running thorn in Acer’s side has been its semiconductor business. Plans to sell it off have come to nothing, but rising chip prices could see the chip division return to profitability. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.