Acer has reiterated during an investment forum hosted by Merrill Lynch that its consolidated revenues and shipments will grow by 3% sequentially in first-quarter 2011 despite speculation of a downward revision within the notebook industry.

After flat shipment performance in February, Acer is expected to see a significant rebound in March, according to industry sources.

Regarding two of Acer's ODM notebook partners, Compal Electronics is likely to see its notebook shipments post 50% sequential growth in March, while Wistron will enjoy 40% on-month growth, the sources noted.

In addition to notebooks, Acer is also eager to enter the tablet PC market, aiming to ship over five million units in 2011, added the sources.