On Air Now

Listen

Listen Live Now » 106.5 FM Sheboygan, Wisconsin

Weather

Current Conditions(Sheboygan,WI 53081)

More Weather »
61° Feels Like: 61°
Wind: NNW 15 mph Past 24 hrs - Precip: 0.02”
Current Radar for Zip

Today

Partly Cloudy 59°

Tonight

Partly Cloudy 40°

Tomorrow

Sunny 67°

Alerts

Taiwan's Acer shipments grew faster than industry average in second quarter: CEO

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)

Comments