Acer targets $700m regional sales in 07

Increased sales in Turkey expected to boost overall EMEA results for firm in second half of year.

  • E-Mail
By  Michele Howe Published  October 7, 2007

Computer vendor Acer has said it expects to get more than $700 million in revenue in 2007 from the Europe, Middle East and Africa (EMEA) region, according to a local newspaper report.

The firm said its first and second quarter results were lower than expected in the region due to political instability in Turkey, one of its major markets, but that it anticipated better results in the third and fourth quarters after sales picked up following the elections, the Gulf News reported.

Acer earned approximately $180 million in revenue from the region in the second quarter of 2007.

"The total Gulf market is expected to grow about 20% this year. We expect to grow 35% overall and 50% in the laptop space," Krishna Murthy, Middle East general manager at Acer, told the newspaper.

Acer claims to hold the number two and three spots in the Middle East notebook and PC markets respectively.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code