Taiwan Acer's 2009 profit down 3.54 percent

Feb 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: Sprint to listen to Dish offer

add to favorites email to friend print save as pdf

Related Stories

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

Jan 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's HTC says profit down 30 percent

Apr 06, 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

Jul 06, 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.

Taiwan Semiconductor profits soar

Jan 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.

Recommended for you

Apple's Cook to face Senate questions on taxes

3 hours ago

A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. govern ...

Sprint to listen to Dish offer

4 hours ago

(AP)—Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.

Yahoo unveils makeover of Flickr site (Update)

15 hours ago

Reinvigorated technology player Yahoo! unveiled a dusted-off design of its Flickr photo platform only hours after the company's dramatic acquisition of blogging site Tumblr. ...

User comments : 0

More news stories

Green conversion of heat to electricity

Soon, it will be possible to produce electricity from heat over 30 degrees emitted from a waste incinerator, refinery, or data processor. The start-up Osmoblue has just confirmed the feasibility of this new ...

If you can remember it, you can remember it wrong

(Medical Xpress)—Native peoples in regions where cameras are uncommon sometimes react with caution when their picture is taken. The fear that something must have been stolen from them to create the photo ...