Red blood stains Acer's balance sheet

Acer Inc showed a slump in profits of 60 per cent in its third quarter, with DRAM the main reason for the haemorrhage. Its profits fell to $NT225 million, compared to the $NT558 million result Acer reported in the same period last year. Acer made a $NT1.6 billion loss at Acer Semicon during the period and also turned in less money from its PC sales. The reason for the drop in PC profits is because of fiercer competition in the market. ® Click here for more stories