Acer Reports March Consolidated Revenues of NT$24.07 Billion, Up 114.3% Month-on-Month

 

TAIPEI, TAIWAN (April 9, 2020) Acer Inc. (TWSE: 2353) announced its consolidated revenues for March 2020 at NT$24.07 billion with growth of 114.3% month-on-month and 2.2% year-on-year. Preliminary consolidated revenues for the first quarter of 2020 reached NT$48.85 billion, down 10.7% year-on-year.

In March, Acer’s supply chain recovered strongly following the Chinese New Year holidays and impacts brought by the new coronavirus pandemic. The month of March also saw an upswing in market demand due to work-from-home and online learning needs.

In addition, the varied performances of Acer’s multiple new businesses due to the pandemic further strengthened the belief in its strategy to have a strong and broad business portfolio to weather through volatile external market conditions.

 

Corporate Communications

Acer Incorporated

 

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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 7,700 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.