Acer's half-year income drops 32.7%

Acer's net income for the first half of this year dropped 32.7% compared with figures for the same period a year ago, company officials announced on Saturday. The company reported a net income of $NT1.15 billion ($US39.3 million) for the first six months of this year, as opposed to a figure of $NT1.71 billion from twelve months previous. Acer officials had warned last month that profits would suffer due to losses from both the company's US operations and a joint semiconductor venture between Acer and Texas Instruments.

Acer's net income for the first half of this year dropped 32.7% compared with figures for the same period a year ago, company officials announced on Saturday.

The company reported a net income of $NT1.15 billion ($US39.3 million) for the first six months of this year, as opposed to a figure of $NT1.71 billion from twelve months previous.

Acer officials had warned last month that profits would suffer due to losses from both the company's US operations and a joint semiconductor venture between Acer and Texas Instruments.

Back in July, Acer announced accumulated sales figures for the first half of this year of $NT30.2 billion, a two percent slip on last year's figure of $NT30.8 billion.

Acer, with headquarters in Hsichih, a Taipei suburb, can be reached on the World Wide Web at http://www.acer.com/.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments
[]