Taiwan Acer's 2009 profit down 3.54 percent

February 10, 2010
A man takes a picture at an Acer booth during the Computex fair in Taipei in 2009. Taiwan's Acer Inc, the world's second biggest computer vendor by revenues, said Wednesday that its profit for 2009 edged down just 3.54 percent from a year ago despite the global economic meltdown.

Taiwan's Acer Inc, the world's second biggest computer vendor by revenues, said Wednesday that its profit for 2009 edged down just 3.54 percent from a year ago despite the global economic meltdown.

The full-year of 354 million US dollars compared with 367 million dollars in 2008, it said.

"The profit figure was better than various forecasts we observed earlier last year. It was no easy task, given the which threatened the world," said Michael Chiang of Taiwan International Securities.

In the three months to December, the company's net profit came in at 110 million dollars, up from 88 million a year earlier.

Acer overtook US-based Dell as the world's second-largest computer vendor last year and is likely to replace Hewlett-Packard, also of the US, as number one in 2011, according to Taipei-based industry publication Digitimes.

Looking ahead, Acer said it is likely to beat Hewlett-Packard as the world's leading supplier this year.

Explore further: iSuppli: Acer Gains on HP, Dell in Laptop Shipments

Related Stories

Taiwan's HTC says profit down 30 percent

April 6, 2009

Taiwan's smartphone maker HTC Corp posted a year-on-year 30 percent fall in first quarter net profit as the global economic meltdown hit sales, the company said Monday.

Taiwan's HTC earnings edge down in Q2

July 6, 2009

HTC Corp, Taiwan's leading smartphone maker, said Monday its net profit in the second quarter was down almost two percent from a year earlier.

US IT brands may be gone in 20 years: Acer founder

January 19, 2010

US computer brands may be gone in 20 years' time due to an inability to produce the low-priced PCs the market demands, the Taiwanese founder of computer maker Acer was quoted as saying Tuesday.

Taiwan Semiconductor profits soar

January 28, 2010

Taiwan Semiconductor Manufacturing Co said Thursday net profits in the three months to December more than doubled from a year earlier due to strong demand for computer application chips.

Taiwan's UMC posts Q4 profit of 137 million dollars

February 3, 2010

Taiwan's United Microelectronics Corp Wednesday said it posted a net profit of 4.4 billion Taiwan dollars (137 million US dollars) in the three months to December due to strong demand.

Recommended for you

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.