Acer Reports January 2020 Consolidated Revenues of NT$13.55 Billion, Down 18.6% Year-on-year

TAIPEI, TAIWAN (February 7, 2020) Acer Inc. (TWSE: 2353) announced its consolidated revenues for January 2020 at NT$13.55 billion, down 18.6% year-on-year and by 41.8% month-on-month. The January revenue reflected key component supply issues, compounded by market demand affected by the Chinese New Year holiday and the new coronavirus.

In the long term, Acer’s strengths continue in gaming with its expansion in esports, and new business initiatives.

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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.