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

 

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Founded in 1976, today Acer is one of the world’s top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer’s 7,000+ 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.