Acer Reports November Consolidated Revenues of NT$28.85 Billion, Marking the Highest November in Eight Years

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Dec 08, 2021, 05:48 ET

TAIPEI, Dec. 8, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for November at NT$28.85 billion, marking the highest in eight years for the same period, up 3.0% month-over-month (MoM) and up 0.5% year-over-year (YoY). Consolidated revenues for year-to-November were NT$289.3 billion, up 16.3% YoY. In terms of US$, year-to-November revenues have reached US$10.3 billion, which is already 9.8% higher than the full-year revenues of 2020.

Business highlights for November include:

Gaming line^[1]: Revenues grew 13.1% YoY for November and 26.6% YoY for year-to-November
Commercial Notebooks: Revenues grew 60.7% YoY for November and 45.1% YoY for year-to-November
Desktops: Revenues grew 37.8% YoY for November and 18.1% YoY for year-to-November
Rugged Products: Revenues grew 186.1% YoY for November and 381.9% YoY for year-to-November

Acer's strategy to build multiple business engines to weather through the future continues to show good momentum, and listed subsidiaries have all reported their November business results, showing growth of 39.8% YoY in total.

Businesses under incubation have also showed exciting performance in November:

YoY revenue for Highpoint Service Network grew by 162.8%
YoY revenue for Altos Computing grew by 39.5%
YoY revenue for MPS Energy grew by 571.1%

[1]Acer's gaming related products and businesses

About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 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