Acer's two-quarter net loss of $234 million

Source: Internet
Author: User
The Acer net loss of NT $6.79 billion (about $234.3 million trillion) in the second quarter of this year was much higher than analysts had expected, the Lin Chiling reported yesterday.  Analysts at HSBC said Acer would lose money throughout the year. "We are committed to further reducing the level of inventory in the two quarter, affected by a weakening economy in Europe and the US and a slowdown in PC sales," Acer said. Acer also paid higher severance fees for senior executives, which resulted in a two-quarter loss higher than expected. ”

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