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Acer Reports October Consolidated Revenues of NT$25.52 Billion, Up 43.2% Year-on-year

2020-11-09 18:45 6001

TAIPEI, Nov. 9, 2020 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for October at NT$25.52 billion, up 43.2% year-on-year (YoY) and marking a strong start to the fourth quarter with demand continuing to be stronger than supply. Consolidated revenues for year-to-October reached NT$220.0 billion, up 15.5% YoY.

Business highlights include:

  • YoY revenue for notebook PCs grew by 70.3% in October, and by 27.2% year-to-October
  • YoY revenue for monitors grew by 43.3% in October, and by 18.1% year-to-October
  • YoY revenue for the gaming line[1] grew by 62.0% in October, and by 29.3% year-to-October
  • YoY revenue for Chromebooks grew by 71.2% year-to-October

Acer's strategy of multiple business engines continued its momentum. Acer e-Enabling Service Business has started its IPO process with the approval for public issuance of stock (ticker: 6811). Its October revenues of NT$645 million grew by 20.1% YoY and by 13.2% year-to-October.

[1] Acer's gaming line includes desktops, notebooks, and monitors

About Acer

Founded in 1976, Acer now is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2020 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

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Source: Acer
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