Acer is well on course to overtake Hewlett-Packard as the world's leading laptop vendor by the end of this year, according to Chairman J.T. Wang. He said that better-than-expected performance in some countries should see revenues jump 10-15 percent sequentially in the third quarter. He made the comments while addressing shareholders at a meeting.
However, Acer may have already pipped HP to the top spot in the netbook market. Gartner's research shows that the Taiwanese PC vendor finished the first quarter as the world's leading notebook seller ahead of HP, though the gap between the two was marginal – 9.49 million notebooks to HP's 9.47 million.
Wang said that the company has managed to grow even in the face of the ongoing debt crisis in Europe. More importantly, Acer hasn't resorted to price hikes to offset the recent wage increases in China. Moving forward, the world's number two PC vendor hopes to make a dent in the smartphone market aided by Google Android.