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Taiwan's Acer to Increase PC Financing to China

Source: Comline

Comline Computer Wire via Individual Inc. -- According to the Nihon Keizai Shimbun, the president of Acer, one of Taiwan's major PC makers, announced that in order to strengthen the company's PC operations in China, the company would be increasing by 5 times the amount of financing for those operations. Total financing of the Acer Group in China was US$5 million; the company will increase that to US$25 million. Next year, the company will begin manufacturing PCs in China. Acer is also considering starting semiconductor operations in China in the future. It is the company's goal to be the top brand in the Chinese PC market, but with IBM and Compaq already there, the company's share in 1996 was only 4%.

Des: ZCA00/YAA03 Ref: Nihon Keizai Shimbun, 06/06/97

[06-10-97 at 11:00 EDT, Copyright 1997, COMLINE.]