Acer Reports February Consolidated Revenues of NT$11.23 Billion

 

TAIPEI, TAIWAN (March 9, 2020) Acer Inc. (TWSE: 2353) announced its consolidated revenues for February 2020 at NT$11.23 billion, down by 17.1% month-on-month, 22.4% year-on-year. Year-to-February revenues was NT$24.78 billion, down by 20.4% year-on-year. The revenues reflected the coronavirus’ impact on supply chains, which are still recovering and are expected to return to normal by middle of the second quarter.

Acer’s new businesses continued their momentum during February. Revenues for Acer Cyber Security grew 35.4% year-on-year and Weblink International grew 53.5% year-on-year. Weblink International is expected to become listed on the Taipei Exchange at the end of March.

 

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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.