Acer Reports October Consolidated Revenues of NT$25.52 Billion, Up 43.2% Year-on-year

TAIPEI, TAIWAN (November 9, 2020) Acer Inc. (TWSE: 2353) announced today its consolidated revenues for October at NT$25.52 billion, up 43.2% year-on-year (YoY) and marking a strong start to the fourth quarter with demand continuing to be stronger than supply. Consolidated revenues for year-to-October reached NT$220.0 billion, up 15.5% YoY.

Business highlights include:

• YoY revenue for notebook PCs grew by 70.3% in October, and by 27.2% year-to-October
• YoY revenue for monitors grew by 43.3% in October, and by 18.1% year-to-October
• YoY revenue for the gaming line^[1] grew by 62.0% in October, and by 29.3% year-to-October
• YoY revenue for Chromebooks grew by 71.2% year-to-October

Acer’s strategy of multiple business engines continued its momentum. Acer e-Enabling Service Business has started its IPO process with the approval for public issuance of stock (ticker: 6811). Its October revenues of NT$645 million grew by 20.1% YoY and by 13.2% year-to-October.

_{[1] Acer’s gaming line includes desktops, notebooks, and monitors}

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