Acer Reports December Consolidated Revenues at NT$23.69 Billion, Showing YoY Growth for Six Consecutive Months

TAIPEI, Jan. 8, 2024 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its December 2023 consolidated revenues at NT$23.69 billion with 17.8% growth month-on-month and 3.5% growth year-on-year (YoY), marking the sixth consecutive month of YoY growth. Preliminary consolidated revenues for Q4 2023 summed up at NT$63.15 billion with 5.5% growth YoY and reached NT$241.32 billion for 2023.

Computer-related business grew well in Q4 2023:

Notebook business revenues grew 10.8% YoY
Desktop business revenues grew 6.2% YoY
Chromebook business revenues grew 47.0% YoY

Business other than computers and displays contributed around 27% in December, Q4, and the whole year in 2023. All public listed subsidiaries have announced their business results according to regulations, highlights for businesses under incubation in Q4 2023 include:

Altos Computing Inc. revenues grew 41.1% YoY
Acer ITS Inc. revenues grew 386.1% YoY
Acerpure Inc. revenues grew 24.4% YoY
Acer Mobile Power System Inc. revenues grew 99.7% YoY

Acer’s strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than computers and displays grew 11.8% YoY in 2023.

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.

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