Acer Reports November Consolidated Revenues of NT$28.72 Billion, Up 40.6% Year-on-year

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Dec 08, 2020, 05:10 ET

TAIPEI, Dec. 8, 2020 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for November at NT$28.72 billion, up 40.6% year-on-year (YoY) and by 12.5% month-on-month. Consolidated revenues for year-to-November reached NT$248.72 billion, up 17.9% YoY.

Business highlights include YoY revenue growth for:

Notebook PCs by 68.0% in November
Monitors by 34.9% in November
Gaming line^[1] by 52.4% in November, and by 31.8% year-to-November
Chromebooks by 135.4% in November, and by 79.0% year-to-November
Thin and light notebooks by 53.0% year-to-November

The momentum of Acer's new initiatives continue:

Acer Synergy Tech is holding a competitive auction of 1,292,000 shares among its capital injection for its listing on the Taipei Exchange, which will end on December 9, 2 pm Taipei time
Weblink International received approval from the Taiwan Stock Exchange's listing review committee on December 2
GadgeTek revenues grew 76.6% year-to-November YoY

During the current pandemic, the demand for Acer products has remained higher than supply. Along with its partners' efforts, Acer has been selected among the top three for Supplier of the Year Awards in 2020, information technology category, by Euronics International, a European retail association in electrical goods.

^[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.

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SOURCE Acer