Acer Returns to Profit After Losses Caused by Slowing Demand
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Acer Inc., the world’s fourth-largest computer maker, returned to profit after two quarters of losses and said new high-value models will boost earnings this year.
Fourth-quarter net income was NT$75 million ($2.5 million) compared with NT$3.9 billion a year earlier, Lilia Wang, acting chief financial officer of the Taipei-based company said in a conference call today. The average of 18 analyst estimates compiled by Bloomberg was for a profit of NT$176 million.