Acer Reports July Consolidated Revenues of NT$23.24 Billion, Up 26.9% Year-on-year

 

TAIPEI, TAIWAN (August 10, 2020) Acer Inc. (TWSE: 2353) announced its consolidated revenues for July at NT$23.24 billion, up 26.9% year-on-year (YoY). For year-to-July, consolidated revenues were NT$137.70 billion, growing by 7.5% YoY. Work-from-home and online learning needs remain strong, and market demand is higher than supply.

Geographically, the Pan America region was a highlight this month with revenues up 60.7% YoY, while the Pan Asia Pacific region is gradually recovering from the pandemic lockdown with revenues up 25.1% YoY. By product line, revenues from the gaming line[1] grew 74.7% YoY and Chromebooks grew by 29.5% YoY.

The momentum of Acer’s multiple business engines continues to be strong; notable performances in July revenues include AOPEN with 68.0% growth YoY, Weblink International with 56.7% growth YoY, and GadgeTek with 87.5% growth YoY.

 

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

 

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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.