DigiTimes reports Acer in on track to return to rank among the global three largest PC makers. Additionally, Acer chairman JT Wang also revealed that the global ultrabook boom will be delayed to one to two quarters due to sales prices still being too high.
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.