Acer has reported non-consolidated revenues of NT$28.05 billion (US$951 million) for February 2011, down 15.9% sequentially and hitting the lowest monthly level since July 2010.

Revenues for the first two months of 2011 were NT$61.42 billion, showing a 35.6% decline from a year earlier.

Acer's major contract partner, Compal, also saw revenues drop in February 2011 compared to the prior month and the same period in 2010.

Acer began shipping new models to its channel clients at the end of February, according to market observers. The notebook vendor is expected to post a substantial sequential rise in March revenues, said the observers, adding that its contract partners will also benefit.