Acer reveals market growth stats

Increases revenue from $8.8 billion in 2007 to $12.6 billion this year
Acer reveals market growth stats
By Vineetha Menon
Wed 05 Nov 2008 02:00 PM

Acer has increased its revenue from $8.8 billion in the last three quarters of 2007 to $12.6 billion in 2008 for the same period, the company revealed at the first Middle East, Turkey and Africa press conference today.

In Q3, the company reached the top position in the EMEA PC market for the very first time. It witnessed a 27% growth in notebook sales, expecting to ship 8 million units to the region by the end of 2008.

Emanuele Accolla, VP Acer EMEA and managing director at Acer META, attributed this gain chiefly to the adoption of netbooks or mini-notebooks, and the fact that most consumers are shifting from a desktop to a notebook.

Acer grabbed an overall 24% PC market share in the United Arab Emirates and a 16.1% market share in Saudi Arabia.

Commenting on the recent economic downturn and its effect on the company’s operations, Accolla said: “We’ve not suffered too much…and we are confident that the global financial crisis will not affect this market in the near future.”

Forging ahead, Accolla hinted that the company will soon be venturing into the Mobile Internet Device (MID) segment to cater to increased mobility demands. “We will introduce new products depending on a market evolution,” Accolla concluded.

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