Acer Reports September Consolidated Revenues of NT$29.51 Billion, Record High in 72 Months

TAIPEI, Oct. 12, 2020 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for September at NT$29.51 billion, reaching a record high in 72 months^[1], and up 21.3% year-on-year (YoY) or 8.2% month-on-month. Preliminary consolidated revenues for the third quarter of 2020 reached NT$80.03 billion to set another record in 23 quarters^[2], and up 27.3% YoY or 22% quarter-on-quarter. For year-to-September, consolidated revenues were NT$194.49 billion, up 12.6% YoY.

There were many highlights in the third quarter:

• Year-on-year revenue growth for Pan America was up by 70.7%
• Year-on-year revenue growth for the gaming line^[3] was up by 69.9%, for Chromebooks by 94.4%, and for commercial notebooks by 86.6%

Achievements of new business developments in the third quarter include:

• Acer Synergy Tech was formally approved to be listed over-the-counter in Taiwan
• Acer Healthcare received the first AI-assisted diagnostic software ophthalmic medical device certification from the Taiwan Food & Drug Administration
• Year-on-year revenue growth for GadgeTek was up by 75.2% and for Acer e-Enabling Service Business was up by 15.9%
• Lifestyle beverage product launches were warmly received by the market

Acer will host its online next@acer global press conference on October 21 at 9pm Taiwan (UTC+8) / New York 9am (UTC-4) / Berlin 3pm (UTC+2) time, where the company will announce new innovations to build up its lifestyle brands.

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.

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