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Acer's new range of notebooks aims to topple Hewlett-Packard

Acer vowed yesterday to overtake Hewlett-Packard as the world's biggest seller of notebook computers before the end of next year on the back of its latest affordable, ultra-light notebooks.

The Taiwanese company has moved into lower-cost products, such as the netbook, which helped it reach a near equal share of broader PC sales with Dell, the world number two.

Acer has exploited consumers' changes in spending habits during the economic downturn, but its market share gains came at the cost of a one-third drop in first-quarter net profits from the same quarter last year to T$2bn (US$60m).

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