Acer Reports Q3 2021 Preliminary Consolidated Revenues at NT$81.13 Billion, the Highest Q3 in Seven Years

News provided by

Oct 08, 2021, 06:28 ET

TAIPEI, Oct. 8, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for September at NT$27.93 billion, and for year-to-September at NT$232.47 billion with 19.5% year-on-year (YoY) growth. Preliminary consolidated revenues for the third quarter reached NT$81.13 billion to mark the highest in seven years.

Acer continues to see its business experiencing higher demand than supply. Key business highlights for year-to-September are:

Notebook revenue grew by 29.8% YoY
Desktop revenue grew by 11.6% YoY
Monitor revenue grew by 11.3% YoY
Gaming line^[1] revenue grew by 29.7% YoY
Chromebook revenue grew by 42.7% YoY
Commercial notebook revenue grew by 44.7% YoY

Acer's strategy of establishing multiple business engines continues to gain momentum. The five listed subsidiaries all showed YoY growth in Q3'21, led by Acer Synergy Tech with 59.1%, and overall grew by 29.0%, which was significantly higher than the Acer group's growth of 1.3%. New businesses under incubation also made good progress: Q3'21 revenue for Highpoint Service Networks grew by 32.1%; and for Altos Computing by 58.4%, which specializes in the workstation and server business.

Acer will host its online next@acer global press conference on October 13 at 9pm Taiwan (UTC+8) / New York 9am (UTC-4) / Berlin 3pm (UTC+2) time, where the company will unveil its latest innovations.

[1] Includes 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.

© 2021 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