Acer sees op margins rising to 3 pct by 2010

TAIPEI, Sept 2 | Tue Sep 1, 2009 10:36pm EDT

TAIPEI, Sept 2 (Reuters) - Acer (2353.TW), the world's No. 3 PC brand, expects its operating profit margins to climb as high as 3 percent by 2010, helped by aggressive cost savings measures, a company official said on Wednesday.

Operating profit margins in the third quarter of this year should also rise to about 2.8 percent from 2.52 in the April-June quarter, the official told Reuters.

She also confirmed local media reports that the firm expects PC shipments in the third quarter to climb 35-40 percent from the preceding three months. (Reporting by Kelvin Soh, Editing by Jacqueline Wong)

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