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

07/24/2014 | 11:05pm EST

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)


© Reuters 2014
Stocks mentioned in the article
ChangeLast1st jan.
ACER INCORPORATED 6.63% 28.15 End-of-day quote.19.03%
JASON CO., LTD. 1.56% 649 End-of-day quote.-2.84%
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