Acer Reports November Consolidated Revenues at NT$ 18.91 Billion, Up 4.7% Month-on-month

 

TAIPEI (December 9, 2022) Acer Inc. (TWSE: 2353) reports its November consolidated revenues at NT$18.91 billion, up 4.7% month-on-month. Its year-to-November revenues reached NT$252.54 billion, down 12.7% year-on-year (YoY). Businesses other than PCs and displays contributed 26.6% of November revenues. For year-to-November, this portion of business showed 11.7% growth YoY.

The company’s focus on ESG (environment, social, governance) with its Vero line of eco-conscious products continues to gain momentum. The Vero business, which uses recycled materials, grew 43.4% YoY in November revenue. Other business highlights include:

  • Altos Computing Inc. revenues grew 137.5% year-to-November, YoY
  • AcerPure Inc. revenues grew 36.4% year-to-November, YoY

The management’s emphasis on reducing inventory levels and increasing net cash to weather industry headwinds is taking effect.

 

Corporate Communications

Acer Incorporated

 

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About Acer

Founded in 1976, Acer is one of the world’s top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 9,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.