Acer Reports Consolidated Revenues for December at NT$21.03 Billion and Q4 at NT$67.1 Billion

TAIPEI, Taiwan, Jan. 9, 2018 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December at NT$21.03 billion, up 12% year-on-year (YoY) in terms of NT$, or by 19% measured in US$. For the fourth quarter, consolidated revenues reached NT$67.1 billion, with quarter-on-quarter (QoQ) growth of 11% in both NT$ and US$, and YoY growth of 9% YoY in NT$ or 15% measured in US$. For the full year 2017, Acer reported consolidated revenues of NT$237.33 billion, up 8% YoY measured in US$.

Wrapping up year 2017, Acer demonstrated strong business momentum in Q4, and this is attributable to several fast-growing product segments, which delivered YoY revenue increases in Q4: gaming products grew by 129%, Windows-based commercial notebooks grew by 45%, Chromebooks grew by 67%, and the Altos artificial intelligence business[1] grew by 48%.

Regionally, Acer also reported Q4 YoY revenue growths: Latin America grew by 25% to demonstrate its continuing momentum, the U.S. grew by 21% mainly due to year-end holiday promotions, China grew by 38% showing recovery, and India grew by 72% indicating market stabilization.

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.

SOURCE Acer Incorporated

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