Acer announces robust results for Q3 2003

According to the independent analyst group IDC, Acer has recorded robust performance in both the PC and notebook segments in the UAE, as well as strong growth in the mobile and server markets.

In the third quarter of this year, Acer accelerated its sales activity to record more than 300 percent growth in the overall hardware market. The boost in sales propelled Acer to be ranked number three in the market - up from its sixth ranking for the same period last year.

Growth during the same period of time was also strong for Acer in the desktop market. Acer's grip on the desktop market in the UAE grew from 2.7 percent in the third quarter of last year to 9.5 percent this year. Holding the third position in the desktop market, Acer recorded almost 240 percent growth on the same time last year.

Strong development was also recorded by Acer in the mobile segment. With an almost 470 percent increase on results from the same period last year, Acer moved from number five in the market to number four.

Similarly, Acer moved to number four ranking in the server market - up from number five on the previous year.

"The clear message from these latest independent results is that Acer is taking a greater share of the business in the UAE across the board in the hardware sector," said Philip Ashkar, Director, Sales and Marketing Acer Computer (M.E.) Ltd.

"Acer has achieved an impressive increase in its revenue growth for the UAE based on the company's commitment to extending its product range and implementing an effective channel strategy."

Growth throughout the UAE has been achieved at such a high level based on a combination of factors including being committed to the channel, offering technologically advanced products and placing special attention on customer needs.

"We are impressed with the success that has been achieved in the past year. The entire team at Acer, extending from management through to our reseller channel, has been dedicated to promoting and driving our products in the market, said Krishna Murthy, General Manager, Acer Computer M.E. Ltd.

"This commitment has resulted in Acer being recognized as one of the leading providers of cutting-edge technology in the country. It is impressive that we have experienced so much growth, however we aim for even more during the next few quarters."