Acer's

Chairman J.T. Wang said Wednesday he expected Acer's total notebook shipments this year to be lower than last year as the company is now focusing on reducing its inventories.

Acer Cuts Shipment Forecasts Lorraine Luk 2011

Mr. Wong said Acer's inventory adjustments are confined to Europe as its operations in Asia Pacific and the U.S. "remain healthy."

Acer Cuts Shipment Forecasts Lorraine Luk 2011

Acer's head winds set off a management shake-up earlier this year that included the departure of Gianfranco Lanci as CEO.

Acer Warns Loss Is Likely for Year Paul Mozur 2011

The company in April named Jim Wong , who previously led Acer's global information-technology operations, to succeed Mr. Lanci as president.

Acer Cites 'Questionable' Accounts Lorraine Luk 2011

But for Acer's first ultrathin notebook to be a success, she said, the company will need to cut prices.

Acer Warns Loss Is Likely for Year Paul Mozur 2011

A restructuring of Acer's European operations sliced US$30 million off the company's revenue.

Acer Warns Loss Is Likely for Year Paul Mozur 2011

Hurting Acer's most recent results was a US$150 million write-off on the company's inventories in warehouses in Europe and on its account receivables in Spain after an internal audit and investigations found "abnormalities."

Acer Warns Loss Is Likely for Year Paul Mozur 2011

The proliferation of mobile devices such as smartphones and tablets has dented demand for Acer's mainstay, notebook PCs.

Acer Warns Loss Is Likely for Year Paul Mozur 2011

Mr. Wang said the market for notebook PCs remains sizable and promising, and that he expects Acer's sales to keep growing in emerging markets.

Acer Warns Loss Is Likely for Year Paul Mozur 2011

During a news conference at Acer's headquarters in Taipei on Wednesday, Mr. Wong said the company plans to boost its spending on R&D to 1.2% of its annual total revenue, up from 0.4% last year.

Acer Cites 'Questionable' Accounts Lorraine Luk 2011