Acer Inc., the Taiwanese computer maker that’s suffered two consecutive annual losses, posted strong sales of notebooks using Google Inc.’s Chrome platform after the release of Microsoft Corp.’s Windows 8 failed to ignite the market.
Acer Inc. appointed Jim Wong as president with immediate effect, replacing Gianfranco Lanci , who quit as chief executive officer and president last month after clashing with board members over the company’s strategy.
Acer Inc., Asia’s second-largest computer maker, still plans devices running on Microsoft Corp.’s Windows RT system even after it was not selected by the software maker to collaborate in the production development.
Acer Inc., the world’s fourth- largest computer maker, will return to profit this quarter as it no longer has the excess inventory problems which led to losses in the prior two periods, President Jim Wong said today.
Cathay Pacific Airways Ltd., the biggest international air-cargo carrier, fell the most in about three months in Hong Kong after posting an unexpected loss on a freight slump, higher fuel costs and waning premium travel.