63
Acer
(TSEC: 2353)
Taiwan
You think Dell vs. Hewlett-Packard is the hottest rivalry in the PC world? Another battle is heating up in Asia. Taiwan's Acer, the world's No. 4 PC maker, is hot on the heels of Chinese PC maker Lenovo, the No. 3 PC maker following its acquisition of IBM's PC division. Acer executives are confident that they are closing the gap. To do that, they're pushing more aggressively into Lenovo's key markets in China and the U.S. To reduce Acer's reliance on notebook PC sales, the company is now expanding into liquid-crystal-display TVs and launching new PCs equipped with HD-DVD drives. But as competition increases, profit margins are shrinking, and investors are worried: Acer's stock price is down 35% this year.
Company Info |
|
| 2005 Rank | 22 |
| Sales* ($ Millions) | 9,921.8 |
| Sales Growth (over prev. year) |
41 % |
| Profits* ($ Millions) | 264.4 |
| Return on Equity | 12.9 % |
| Total Return on Sales (12-mo.) | -2.6 |
| Share Price As of 5/31/06 | 1.63 |
| CURRENT MARKET INFO | TSEC: 2353 |
| No. of Employees | |
| Industry | Computers & Peripherals |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Acer and its subsidiaries engage in the design, manufacture, distribution, installation, and servicing of information technology and software products worldwide. It operates two business lines: information technology, and software and repair service. The information technology business line provides computer system products, including desk-top, notebook, handheld, and tablet products; server and storage; CRT monitors; LCD monitors; peripherals; DVDs; projectors; IA and personal; multimedia; and LCD TVs. The software and repair service line distributes global software applications, integrates system software, and provides e-enabling services for corporations; data center, smartcard, and smart terminal-related services; and e-service solutions and e-ticketing services. It distributes its products through dealers and distributors. The company is based in Taipei.
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