Acer saw its business operations significantly improve in the first quarter of 2012 and expects continued improvement quarter by quarter through the year. As a result the company will return to ranking among the global three largest PC vendors soon, company chairman JT Wang said at an April 26 investors conference.
Acer's first-quarter 2012 net operating margin was as low as 0.12%, because compensation expenses incurred in laying off 300 employees in Europe in the fourth quarter of 2011 were recognized in the first-quarter 2012 financial report, company corporate president Jim Wong explained.
Acer to re-enter top three PC vendor ranking
Posted on Friday, April 27 2012 @ 20:51 CEST by Thomas De Maesschalck