Acer considers a China-focused acquisition

Taiwan computer manufacturer Acer may make another acquisition as early as next year to boost its China business, CEO Wang Jen-tang told the Financial Times. This comes not long after Acer announced its acquisition of US PC maker Gateway and suggests that competition between Acer and Chinese rival Lenovo will intensify. Wang said that the integration of Gateway and European PC maker Packard Bell, which Acer will control through the Gateway deal, means that the next area of focus will be Asia. "In nine months or a year, we do not rule out reinforcing our market share and presence in [China] through a suitable acquisition," he said. Acer is set to overtake Lenovo to become the world's third-largest PC vendor, after Dell and HP.