Fingad.com

FinGad.com delivers up-to-the-minute news and information on the latest top stories, stocks and more.

Subscribe to this blog

ACER Growth Series Goes On.......

26 Apr 1:34pm
Read original blog entry
ACER Growth Series Goes On....... - by xpertwriter

The Acer Computer (M E) Ltd, the world's third largest IT vendor, has announced a 51.4 percent year-on-year growth in 2007 for sales in the Middle East, Indian and African regions. Jacob Varghese, Regional Sales Manager of Acer Computer Middle East, said this during a press briefing held in a local hotel here on Thursday.

He said that Acer's consolidated revenue in 2006 rose 16 percent to 14 billion dollar while the global IT vendor has attributed its positive performance to a new strategic direction focused on mobility, enterprise and convergence-related technologies.

In the region Acer holds the number 1 position in the supply of Notebooks, fuelled by a 73.1 percent year-on-year growth, Varghese added. He said that the Acer is growing much faster than the number one and two manufacturers of notebooks in the world.

"In Pakistan, also we grew and above our assigned targets in 2007 and it was due to excellent work of our team and partners," he applauded.

He said that the Acer is very seriously exploring the local market and has doubled its workforce in the last six months and plans to invest more. "Among the emerging markets, Pakistan holds a very key position for Acer and we know that geographically it is also very vital for us to establish ourselves here, " he added.

He said that Acer has already made inroads into Education, Government, and Banking sectors in Pakistan and focused to penetrate more in these sectors plus the consumer area.

In the enterprise space, he maintained, Acer has made great strides as in 2006 Acer won the tender to supply Emirates Airlines with desktop computers for the next three years. The deal involving 21,000 desktop computers, clearly demonstrates Acer's industry-based capacity and complements. In early March of 2007, Acer won the Dubai Quality Award (DQA), in recognition for its business excellence, he said.

Comments

Back to top

Post comment

Back to top

Post a comment

Please login to post a comment

About

fingad

FinGad was created by investors for investors. FinGad is a community dedicated to finance. FinGad's purpose is to unite the power of the Internet user community with the world of financial investing and research to produce a unique resource of information.

Users are the key to FinGad. User submitted reviews are voted on by the rest of the community to isolate information that is valuable and information that is not. The end result is an investor has a new ability to see the news and reviews from investors, vote on its value, and/or use it for decision making purposes on top of the information that is available through pure research or reports by analysts, journalists and so on. The objective is to connect investors around the world and provide unique and valuable information to investors to make smarter and better decisions.