Acer Reports Consolidated Revenues for Q4'20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion

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Jan 11, 2021, 05:51 ET

TAIPEI, Jan. 11, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2020 at NT$28.36 billion, up 21.5% year-on-year (YoY). Significant consolidated revenue growths were shown in Q4'20 with NT$82.60 billion, up 34.1% YoY and 3.2% quarter-on-quarter, marking the highest quarter in six years; and in full year 2020 with NT$277.09 billion, up 18.3% or by 24.1% YoY measured in US currency.

On the strategy to focus on industry bright spots, the respective businesses have yielded strong results with YoY revenue growth for:

Gaming line^[1] by 43.9% in Q4, and by 30.5% full year 2020
Chromebooks by 253.5% in Q4, and by 95.4% full year 2020
Thin and light notebooks by 165.9% in Q4, and by 62.3% full year 2020
Monitors by 38.9% in Q4, and by 21.3% in full year 2020

Acer sees strong market demand continuing into the foreseeable future. At the same time, its strategy of building multiple engines has progressed strongly; the subsidiaries including Acer e-Enabling Business, Acer Synergy Tech, Acer Cyber Security, AOPEN, Weblink International, have each announced exciting business results. In addition, the various businesses under incubation have also delivered robust results, including full year 2020 revenue growths of GadgeTek by 80.7%, and Highpoint by 174.7%, among 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.

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

SOURCE Acer