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Technology / Networks

Acer expects notebook and tablet PC shipments to be flat in Q2

Taiwanese hardware and electronics firm, Acer, said it expects notebook and tablet PC shipments to be flat in the second quarter, compared to an estimated 0%-5% growth made in April.

Reuters reported that Acer chairman J.T. Wang made the comment to reporters at the company’s annual shareholder meeting.

Earlier this month, Wang told Reuters that he expects up to 80% of the company’s products to have touch-screen technology by next year or the year after, expecting new tablets and touch-notebook computers will revive its sales in a PC market where quarterly shipments are at their lowest in nearly four years.

The company’s sales declined 19% for the first five months of 2013, when compared to the same period last year.

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Acer reported an 18.9% decline in its revenues generated during the first quarter of 2013 to NT$91.97bn ($3.08bn) compared to the same quarter in 2012.

The company posted a profit of NT$515m ($17.24m) or NT$0.19 in earnings per share, in Q1, when compared to a net loss of NT$3.37bn ($112.8bn), or NT$1.24 per share, recorded during the fourth quarter of 2012.

This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.