results

Sarah Mishkin

Acer, the Taiwanese computer company, has struggled for a while to sell enough computers to stay profitable, but investors still found room for disappointment in its most recent results.

Shares were down nearly 4 per cent in Taipei today after management spoke with analysts and the media to explain its second quarter operating loss of NT$613m and its 19 per cent year on year fall in revenue to NT$89.4bn. Read more >>

HTC, the bealguered Taiwanese phonemaker, expects sales to jump over 60 per cent between first and second quarter. That’s quite an uplift, and certainly better than last quarter, when sales significantly missed expectations, driving down its first quarter profits to record lows.

What’s behind the change? Well, it helps to have a flagship phone to sell.

 Read more >>