Acer Reports December 2019 Consolidated Revenues of NT$23.27 Billion, Up 13.9% Month-on-month and 8.1% Year-on-year

 

 

TAIPEI, TAIWAN (January 9, 2020) Acer Inc. (TWSE: 2353) announced its consolidated revenues for December 2019 at NT$23.27 billion, up 13.9% month-on-month and by 8.1% year-on-year. The fourth quarter revenues reached NT$61.52 billion, down 2.2% quarter-on-quarter and by 3.4% YoY. The year-to-December revenues reached NT$234.22 billion, down 3.3% YoY.

In the fourth quarter 2019, Acer’s business showed strength in Southeast Asia, Russia, and Latin America, while shipments from the gaming line[1] grew by 21.2% YoY.

The multiple business engines have continued their momentum and are seeing viable growth, these include Acer Cyber Security, Acer Synergy Tech, Weblink International, and Acer e-Enabling Service Business. The strategy of listing subsidiaries are progressing according to plan. During the fourth quarter, AST (stock ticker: 6751) became listed on the emerging market of the Taipei Exchange, while Weblink International (stock ticker: 6776) has begun its public offering process.

 

[1] Acer’s gaming line includes desktops, notebooks and displays.

 

Corporate Communications Acer Incorporated

 

Corporate Financials
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.