Acer Inc, the world's third-largest notebook-computer supplier, yesterday announced consolidated revenues at NT$318.09 billion (US$9.69 billion) for last year, representing growth of 41.4 percent from a year earlier.
The company's profit after tax was NT$8.48 billion, up 20.9 percent from last year, the company said in a statement.
Acer's earning per share for last year was NT$3.83; operating income was NT$7.65 billion, showing an annual growth of 100.9 percent, it said.
"Acer's results are disappointing both in the operating and bottom-line levels," said Robert Cheng, a Taipei-based analyst with CLSA Asia Pacific Markets. "Slowing demand in Europe and head-to-head competition limited the improvement in the margin."
Fourth-quarter operating income rose 51 percent to NT$2.27 billion from NT$1.5 billion, Acer said.
Fourth-quarter non-operating income fell 80 percent to NT$584 million, according to the statement.
Operating margin, the percentage of sales after production costs and operating expenses, rose to 2.2 percent from 2.1 percent a year earlier and 2.2 percent in the third quarter, the company said.
The "core computer business was strong in the period if [one looks at] operating income," Acer senior public relations officer Henry Wang (
Fewer "investment gains from asset sales in the fourth quarter last year dragged the profit," he said.
This year, the company forecast it would earn NT$400 billion in consolidated revenues, NT$10.8 billion in operating income, and NT$10 billion in profit-after-tax.
"Upon achieving these financial targets for 2006, Acer will set another record high in its 30-year history," the statement read.
Acer unseated Toshiba Corp as the world's third-biggest supplier of notebook computers in the fourth quarter of last year.
The company increased its market share to 12.2 percent from 10 percent a year earlier, according to market research Gartner Inc. Toshiba's share fell to 10.5 percent, while Lenovo Group Ltd (
Domestically, Acer ranked as the second-largest notebook computer vendor in the fourth quarter after Asustek Computer Inc (
Acer was followed by Lenovo, Hewlett-Packard and Toshiba, IDC Taiwan said.
Shares of Acer fell 0.8 percent to close at NT$65.50 yesterday on the Taiwan Stock Exchange.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
RSS