Acer Consolidated Revenue For May Up 21%+ Year-on-year

The Taiwanese multinational hardware and electronics corporation, Acer has announced that its consolidated revenues for the Month of May are at NT$20.18 billion or US$678.9 Million, a 21.1% year-on-year (YoY) improvement and 2.2% month-on-month.

The year-to-May has consolidated revenues of NT$88.78 billion, growing by 4.0% YoY, the most notable area of growth being Acer’s notebook PCs. Notably, the May revenue from gaming notebooks grew by 69.9% YoY and commercial notebooks grew by 53.4% YoY.

Acer’s Growth for the EMEA and North American which is due in large part to the strong demand for work-from-home and online learning tools. The pandemic lockdown also had great impact on the Asia Pacific, which has an effect on demand and supply chain. These effects are however are on the decline given the gradually easing restrictions and opening up of various Economies.

Acer however notes it still sees a higher business demand than supply, and is working hard to fulfill the demand.

Acer will be announcing numerous new products at its Upcoming [email protected] global press conference – online. This Press conference takes on June 23 at 21:00 (UTC+8) Taipei / 15:00 (UTC+2) Berlin / 09:00 (UTC-4) New York.

Press Release

TAIPEI, June 8, 2020 /PRNewswire/ –Acer Inc. (TWSE: 2353) announced its consolidated revenues for May at NT$20.18 billion, up 21.1% year-on-year (YoY) and by 2.2% month-on-month. For year-to-May, consolidated revenues were NT$88.78 billion, growing by 4.0% YoY. Growth was seen mainly from Acer’s notebook PCs. Notably, the May revenue from gaming notebooks grew by 69.9% YoY and commercial notebooks grew by 53.4% YoY.

Geographically, both the EMEA and North American regions showed strong business growth due to work-from-home and online learning needs. The Asia Pacific was impacted by the pandemic lockdown relatively more seriously but is gradually easing restrictions and opening up. Overall, Acer is still seeing a higher business demand than supply, and is working hard to fulfill the demand.

Acer will be hosting its [email protected] global press conference – online – where it will announce numerous exciting new products. Stayed tuned on June 23 at 21:00 (UTC+8) Taipei / 15:00 (UTC+2) Berlin / 09:00 (UTC-4) New York.

Lance Cameron
Digital Explorer, Virtual Assistant, Blogger/Writer, Analyst/Researcher, Web Developer & Internet Marketer (#Web #SEO #SEM), Founder/Editor @BITVoxy

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