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Acer reports Q4 loss, executives agree to salary cut

2014-01-17 13:52:35| InfoWorld: Top News

Acer reported another net loss at NT$7.6 billion (US$251 million) for the fourth quarter, as senior executives at the struggling PC maker agreed to a 30 percent cut to their salaries. It's the third consecutive quarter for which Acer has reported a net loss, as the PC market continues to shrink. During the fourth quarter, the company's revenue reached NT$86.7 billion, down from NT$101.5 billion a year earlier.

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