Acer Reports Consolidated Revenues for December at NT$21.03 Billion and Q4 at NT$67.1 Billion

TAIPEI, TAIWAN - A strong fourth quarter demonstrates the company’s continuous business momentum

Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December at NT$21.03 billion, up 12% year-on-year (YoY) in terms of NT$, or by 19% measured in US$. For the fourth quarter, consolidated revenues reached NT$67.1 billion, with quarter-on-quarter (QoQ) growth of 11% in both NT$ and US$, and YoY growth of 9% YoY in NT$ or 15% measured in US$. For the full year 2017, Acer reported consolidated revenues of NT$237.33 billion, up 8% YoY measured in US$.

Wrapping up year 2017, Acer demonstrated strong business momentum in Q4, and this is attributable to several fast-growing product segments, which delivered YoY revenue increases in Q4: gaming products grew by 129%, Windows-based commercial notebooks grew by 45%, Chromebooks grew by 67%, and the Altos artificial intelligence business1 grew by 48%.

Regionally, Acer also reported Q4 YoY revenue growths: Latin America grew by 25% to demonstrate its continuing momentum, the U.S. grew by 21% mainly due to year-end holiday promotions, China grew by 38% showing recovery, and India grew by 72% indicating market stabilization.

 

1Altos business includes high-performance computing, AI-based language learning systems, and servers.

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About Acer

Founded in 1976, Acer is one of the world’s top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 8,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.