Acer Philippines taps school demand for SE Asia-leading growth

Cathy Yang, ABS-CBN News

Posted at Nov 16 2018 11:51 AM

MANILA -- Computer-maker Acer said Friday it hoped to sustain sales growth in the Philippines, among the fastest in Southeast Asia, on the back of state and private sector spending for education.

The peso's weakness against the dollar is a "concern," with the local unit testing the P54 level to the dollar recently, Acer Philippines managing director Manuel Wong said in an exclusive interview with ANC's The Boss.

The 20-percent revenue growth in the Philippines outpaces the rest of Southeast Asia and will likely continue until 2019, Wong said. Penetration in the country is still low and "quite far" from 1 PC per family, he said.

Gaming is an "important segment" for Acer, whose Predator brand competes with Republic of Gamers by Taiwanese compatriot Asus, he said.

Acer exited smartphones 3 years ago because of a "very challenging" environment that requires heavy marketing and research and development.