Acer survives DRAM collapse

Acer survives DRAM collapse

Taiwan's Acer Group said last week that its unaudited, combined 1997 sales revenues increased by 7 per cent, despite the worldwide collapse in sales of dynamic RAM (DRAM) chips.

Acer revenue increased to $US6.3 billion in the year ended December 31, 1997, up from $US5.89 billion in 1996. Although substantially better than the paltry 1.16 per cent revenue increase in 1996, the results are still down sharply compared to the over 70 per cent revenue growth rates racked up in both 1994 and 1995.

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