Commenting on a market rumor that PC brand vendors are planning to raise their PC prices in Europe in response to recent fierce depreciation in the euro and British pound, Acer chairman George Huang said that the company currently does not have plans to adjust its product prices and is unlikely to see any exchange losses in the second quarter thanks to its careful management.

As for whether Acer's gross margins will be affected by exchange rate fluctuations in the third quarter, Huang pointed out that it will depend on the market's status.

Europe is a major market for Acer, contributing about 30% of the company's revenues. Because Acer has taken measures to avoid risks from the exchange losses, the company will not need to adjust its product prices for at least 1-2 months. However, if any of its fellow competitors decide to do so, Acer will start considering following suit, Huang noted.