Acer Reports 4.1% YoY Growth with December Consolidated Revenues of NT$21.83 Billion
TAIPEI, TAIWAN - Despite CPU supply shortage, overall business momentum puts Acer back on track to growth
Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2018 at NT$21.83 billion, up 4.1% year-on-year or down 1.5% month-on-month. For the full year 2018, preliminary consolidated revenues were NT$242.57 billion with 2.2% growth from the previous year.
The CPU supply shortage continued to impact PC operations for December and the full year. However, unaffected businesses such as digital displays, AOPEN, Acer Cyber Security, Weblink International, and GadgeTek achieved double-digit growth in 2018. Acer’s gaming1 revenues increased by 70% for the full year and by 32% in Q4, year-on-year. Geographically, Russia and Southeast Asia were the highlights, both achieving double-digit growth.
1 Acer's gaming line includes notebooks, desktops and displays