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PC demand is back, says Acer CEO who sees robust growth in the 'foreseeable future' - TL;DR CNBC

PC demand is back, says Acer CEO who sees robust growth in the 'foreseeable future'

Publishing timestamp: 2023-10-20 00:50:43


Summary

Acer has reported that PC demand has rebounded and the company has seen year-to-year growth in the third quarter. The global PC market also saw a slower decline in the second quarter, with total shipments of desktops and notebooks down 11.5% year-on-year. Acer's notebook revenue grew 19.4% compared to the previous quarter, while its desktop revenue grew 27.8% in the same period. The company believes that the PC market will return to normal by the fourth quarter.


Sentiment: POSITIVE

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Keywords: asia economy,  acer inc,  apple inc,  breaking news: technology,  hewlett packard enterprise co,  technology,  business news,  lenovo group ltd,  acer therapeutics inc,  taiwan,  dell technologies inc,  enterprise, 

Source: https://www.cnbc.com/2023/10/20/pc-demand-is-back-says-acer-ceo-who-sees-robust-growth.html


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