Acer Announces Preliminary Full Year 2024 Revenues at NT$264.71 Billion, Up 9.7% YoY, with Businesses Other Than PCs and Displays Contributing 28.3% of Total Revenues
Q4’24 preliminary consolidated revenues at NT$66.12 billion, up 4.7% YoY, showing six consecutive quarters of YoY growth
TAIPEI (January 9, 2025) Acer Inc. (TWSE: 2353) announced its preliminary consolidated revenues for full year 2024 at NT$264.71 billion, up 9.7% year-on-year (YoY), with revenues from the personal computers[1] and display business growing by 8.4% YoY. For Q4 2024, preliminary consolidated revenues reached NT$66.12 billion with 4.7% growth YoY, showing six consecutive quarters of YoY growth. In December, consolidated revenues reached NT$24.55 billion with 7.9% growth month-on-month and 3.7% growth YoY.
Acer’s strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than computers and displays contributed 29.3% in Q4 2024 with 14.2% YoY growth, and 28.3% in full year 2024 with 15.5% growth. Acer’s public subsidiaries have all announced their December revenues; some highlights for businesses under incubation include:
- Altos Computing Inc., specializing in AI server and workstations, its revenues grew 42.5% YoY in Q4 2024 and 66.8% YoY in full year 2024
- Acer ITS Inc. revenues grew 6.2% YoY Q4 2024 and 19.4% YoY in full year 2024
Kicking off 2025, Acer has already announced nearly 30 new products in Las Vegas including Copilot+ PCs, AI PCs, gaming PCs, and gaming handhelds. Acer’s carbon-neutral Aspire Vero 16 has also been selected as an honoree of the CES Innovations 2025, featuring a chassis of which more than 70% is made from a blend of post-consumer recycled plastic and bio-based oyster shell material[2].
[1] Personal computers business includes desktop and notebooks
[2] Percentage calculated by weight. The chassis contains at least 69% post-consumer recycled (PCR) plastic and at least 1% bio-based oyster shell material. The PCR portion includes 60% of the lid and 75% of the display frame, palm rest, and bottom cover. At least 3% bio-based oyster shell material is located in the palm rest and bottom cover. Additionally, the keycaps and power adapter casing are composed of 50% PCR.