Acer Reports Impressive November Revenues with Significant Year-on-Year Growth

Acer Reports Strong Financial Growth for November 2024

Acer Inc. has announced its consolidated revenues for November, hitting NT$22.75 billion. This marks a remarkable 20.9% increase from the previous month and a 13.1% rise compared to the same month last year. For the year-to-date, the total revenues have reached NT$240.16 billion, representing a growth of 10.4% when compared to the same period last year.

The personal computer and display business has played a significant role in this growth, contributing to an 11.0% Year-on-Year (YoY) increase in November and a 9.4% YoY rise for the year-to-date. Notably, Chromebook sales soared by 54.1% YoY in November, indicating a robust demand in the market. This surge reflects Acer's effective strategies to cater to evolving consumer needs and preferences in technology.

Acer's ongoing commitment to diversify its business areas has proven fruitful, with revenues from non-computer and display operations accounting for 26.8% of total revenue in November, and 28.3% year-to-date. The company is enhancing its portfolio by fostering new ventures which significantly contribute to its bottom line.

Among the highlights of Acer’s growing subsidiary network, Altos Computing Inc., which specializes in AI servers and workstations, recorded a revenue increase of 3.3% YoY in November and an impressive 64.4% YoY for the year to date. Additionally, Acer ITS Inc. has seen a substantial revenue growth of 59.1% YoY in November, solidifying its place in the tech industry.

In a notable development, two public subsidiaries of Acer began trading in November. This includes Acerpure Inc. and Protrade Applied Materials Corp., both listed on the Taipei Exchange Emerging Market. Winking Studios has also expanded its market presence by starting to trade on the London Stock Exchange AIM and Singapore Exchange Catalyst.

These developments underscore Acer’s strategic initiatives to not only boost existing operations but also to cultivate new business opportunities. Founded in 1976, Acer remains a key player in the ICT sector, innovating continuously to create products that align with consumer needs and lifestyle changes. Operative across more than 160 countries, Acer focuses on integrating hardware, software, and services to create the possibilities of a more connected world. The company's notable workforce of 7,700 professionals is committed to delivering research, design, marketing, sales, and support services that bridge technology with everyday life.

For further information on Acer’s products and initiatives, visit www.acer.com.