Good news in he PC manufacturing world as Acer, announced it expects third quarter revenue to be up about 5 percent due to a rebound in tech demand.

Acer also said it expected PC shipments to climb in the fourth quarter from the preceding three months as demand for computers peak ahead of the holiday shopping season. It is all being seen as the end of the recession as people are returning to shops and buying computers, analysts think. The company forecast revenue the July-September period at a record high of $5.18 billion.

The last quarter of the year is typically the strongest period for most PC brands, helped by students returning to school and pre-Christmas demand. There is the hope that Microsoft's Windows 7 operating system is likely to help sales further, as the sale of new system software is typically followed by an uptick in consumer demand for computers. Acer follows Intel raising its revenue forecast in August and contract PC maker Compal revising its shipment forecast upwards.

Analysts believe that Acer and its bigger rival HP to emerge from the downturn faster than such rivals as Lenovo and Dell, due to their reliance on consumer sales, which are recovering faster than business sales.