Acer intends to increase to almost tenfold its smartphone production over the next couple of years. Next year the company aims to ship 2 to 2.5 million phones, and by 2012-2014 the company targets annual shipments of 20 million.
Acer aims to ship 2-2.5 million own-brand smartphones in 2010 and expects annual shipments to increase to 20 million units in 2012-2014, making it one of the world's top-five smartphone vendors with a 6-7% market share, according to Aymar de Lencquesaing, president of Acer's Smart Handheld Business Group (SHBG).
There is still room for the further development in the smartphone segment given that only 300 million out of the world's four billion handset users are smartphone subscribers, Lencquesaing stated.
Acer forecasts global demand for smartphones will grow 15% annually over the next five years, Lencquesaing added.