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Acer Predicts Q4 Revenue Rise Of 5-10 Per Cent

Acer, the world's second largest computer manufacturer, has predicted that fourth quarter sales will rise by 5-10 per cent due to demand from emerging markets.

The computer maker also said that the revenue from branded PCs will rise by 10-15 per cent, reducing the worries from the slow sales experienced since the launch of tablet devices like the iPad.

Acer CEO Gianfranco Lanci, said in a statement: “The PC market still shows healthy growth worldwide even though it is not consistent across all regions. The emerging markets will continue to lead the market's growth.”

The company forecast that its PCs sales will rise by 20-25 per cent next year when compared to 2010.

Acer is aggressively expanding its presence in Mainland China. The company recently struck a $67.5 million deal with Founder Technology to use its PC related trademarks in the country.

According to the IDC, the global PC shipments increased by only 11 per cent in the third quarter because of slow consumer spending in the US. The shipments are likely to fall to 7 per cent in the fourth quarter, IDC said.