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.}