Acer Reports March Consolidated Revenues at NT$27.48 Billion, Marking Nine Months of Consecutive YoY Growth
TAIPEI (April 10, 2024) Acer Inc. (TWSE: 2353) announced its March 2024 consolidated revenues at NT$27.48 billion with 70.5% growth month-on-month and 13.8% growth year-on-year (YoY), stimulated by AI applications and healthy channel inventory management, achieving nine consecutive months of YoY growth. Preliminary revenues for Q1 2024 reached NT$58.83 billion with 12.1% growth YoY. Some business highlights:
- Notebook business revenues grew 10.7% YoY in Q1
- Desktop business revenues grew 12.3% YoY in Q1
- Gaming business [1] revenues grew 9.5% YoY in Q1
- Chromebook business revenues grew 10.1% YoY in Q1
Acer’s strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than computers and displays contributed 29.4% of the group’s total revenues in Q1 2024. Acer’s public subsidiaries have announced their March and Q1 revenues; some highlights for businesses under incubation include:
- Altos Computing Inc., specializing in AI server and workstations, its revenues grew 63.5% YoY in Q1
- Acerpure Inc. revenues grew 11.8% YoY in Q1
- Acer ITS Inc. revenues grew 44.0% YoY in Q1
[1] Acer’s gaming related products and businesses
Corporate Communications
