Acer Reports Consolidated Revenues for June at NT$25.67 Billion, Q2'20 at NT$65.60 Billion - the Highest Over 10 Quarters

TAIPEI, July 8, 2020 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for June at NT$25.67 billion, up 27.2% month-on-month (MoM) and by 4.9% year-on-year (YoY). Preliminary consolidated revenues for the second quarter 2020 reached NT$65.60 billion, marking the highest in 10 quarters, and was up 34.3% QoQ and by 19.0% YoY. For year-to-June, consolidated revenues were NT$114.46 billion, up 4.2% YoY.

Among its regional operations, second quarter revenues QoQ was led by EMEA with 60.0% growth, and Pan America with 35.6% growth. In most countries, Acer benefitted from work-from-home and distance learning needs, in addition to the excellent end-to-end supply chain collaboration with its suppliers.

In terms of business lines, second quarter revenues grew QoQ for notebook PCs by 48.4%, monitors by 28.9%, gaming line^[1] by 70.9%, and Chromebooks with 74.8%.

The momentum of Acer's multiple business engines continues to be strong, including Weblink International, Acer Cyber Security, Acer e-Enabling Service Business, and others.

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.

SOURCE Acer Incorporated

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