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Acer reports net loss in Q2 on research costs, DRAM prices |
August 07, 2013
Taiwanese PC maker Acer reported a net loss in the second quarter, attributing it to the company's growing investment in product design and the recent rise in DRAM prices.Acer's net loss was NT$343 million (US$11.4 million), down from a profit of NT$56 million in the same period a year ago. Revenue for the quarter declined year-over-year by a little over 19 percent, reaching NT$89.4 billion.During the quarter, Acer saw its PC shipments fall by 32 percent year-over-year, according to research firm IDC. This marked the biggest shipment drop among the world's top five PC vendors.The company has struggled to lift its earnings amid a long slump in PC shipments, at a time when smartphone and tablet sales are surging. In the quarter, the company faced weak consumer demand for its PCs, including the company's higher-priced ultrabooks, according to IDC.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2046101/acer-reports-net-loss-in-q2-on-research-costs-dram-prices.html#tk.rss_all
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