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NewsAcer Chairman Expects Company to Notch Up 10% Sales Growth in 4Q09

Acer owes its rapid strides in the PC market to its success in the netbook segment. Now it expects to benefit from the launch of Windows 7 and a resurgent global economy. Acer chairman JT Wang is confident that the company will meet its revenue forecast for Q4 2009. The company is expected to register a 10% growth in consolidated revenues during the ongoing quarter.

Wang told investors that his company plans to cash in on the upcoming launch of Windows 7 with new PCs based on the OS - all priced between US$499 and US$599.  While big and small companies of all ilks are queuing up to enter the e-reader fray, chairman Wang is in no hurry. But that might change once the e-reader market grows beyond 50 million units.

He believes that the entry of Hewlett-Packard and Toshiba into the ultra-thin notebook segment is bereft of seriousness, and this very lack of sincerity is preventing Intel’s ultra-thin notebook technology from taking off.

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