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Saudi Arabia remains key market for Acer

Saudi Arabia: Wednesday, July 09 - 2008 at 10:53
PRESS RELEASE

Acer, the world's third largest PC vendor, has expanded its channel network in KSA by signing on Hasoub as an executive partner to further service Middle East's largest IT market which is expected to reach $5bn by 2012, according to research by Business Monitor International (BMI).

Left to right: Shashank Sharma, Country Manager, KSA, Egypt and EW Africa, Acer Computer and Sami Said Hassan, General Manager Hasoub.

Established in 2003, Hasoub is a leading Saudi IT company offering services in computer hardware, network infrastructure components, reliable engineering, technical services, customer care, and on-demand logistical support.

"Acer is one of the leading brands in the Kingdom," said Sami Said Hassan, General Manager Hasoub. "As an executive partner, we are looking to significantly increase Acer's reach in the Kingdom, and help Acer address the needs of this growing market."

"Hasoub partners with global brands to bring innovative and state-of-the-art products and technology to Saudi businesses wanting to compete in the global arena,"

added Hassan.

With BMI projecting average annual growth in IT spending - at the rate of 12% through 2012 - sales of computers, including PCs, notebooks and accessories, in the kingdom is expected to top $1.4bn in 2008.

"The numbers of PC users in Saudi Arabia continuing to rise, Acer relies on dynamic partners who will make our products more widely available,"

said Shashank Sharma, Country Manager, KSA, Egypt and EW Africa.

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Related site: http://www.acer.co.ae

Notes and media contacts

About Acer:
Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3 vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer's continued growth, while the successful mergers of Gateway and Packard Bell complete the company's global footprint by strengthening its presence in the U.S., and enhancing its strong position in Europe. Acer Inc. employs 5,000 people worldwide. 2007 revenues reached $14.07bn.

For more information, please contact:
Acer Computer (M.E.) Ltd.
P. O. Box 16951
Jebel Ali Free Zone
Dubai, United Arab Emirates
Tel +971 4 8056000
Fax +971 4 8812200

Posted by Siba Sami Ammari
Wednesday, July 09 - 2008 at 10:53 UAE local time (GMT+4)

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Saudi Arabia remains key market for Acer

Acer, the world's third largest PC vendor, has expanded its channel network in KSA by signing on Hasoub as an executive partner to further service Middle East's largest IT market which is expected to reach $5bn by 2012, according to research by Business Monitor International (BMI).

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