Welcome to our dedicated page for ACER S/GDR REG S news (Ticker: ACEYY), a resource for investors and traders seeking the latest updates and insights on ACER S/GDR REG S stock.
Acer Inc. (Symbol: ACEYY) is a leading global information and communication technology (ICT) company, renowned for its innovative and environmentally friendly products. Established in 1976, Acer has committed itself to the research, design, marketing, sale, and support of a wide range of products that enhance people's lives. The company’s product portfolio includes PCs, displays, projectors, servers, tablets, and smartphones. Acer's dedication to creating a more sustainable future is evident through its green supply chain and eco-friendly product designs.
Employing over 7,400 individuals, Acer ranks as the fourth-largest PC vendor globally, according to IDC 2013 data. In 2013, the company reported impressive revenues of USD 12.03 billion. Acer's success is largely attributed to its channel business model, which allows the company to maintain strong relationships with its vendors and customers.
In recent years, Acer has focused on expanding its business through multiple engines, resulting in remarkable growth. For instance, April 2024 revenues reached NT$17.85 billion, marking a 29.1% year-on-year increase. Acer has experienced 10 consecutive months of year-on-year growth, with notable increases in its notebook, desktop, and Chromebook segments.
Acer’s commercial division caters to businesses of all sizes and sectors, delivering a comprehensive range of hardware and software solutions. The company’s commitment to innovation is reflected in its latest product launches, including the Acer Chromebook Plus Spin 714 and Acer Chromebook Plus 516 GE, both featuring advanced AI capabilities for enhanced performance and user experience.
Acer continues to push the boundaries of technology with its AI-powered devices, including new AI servers and solutions showcased at the recent Computex tradeshow. The company's subsidiaries, like Altos Computing Inc. and Acer ITS Inc., are also contributing significantly to its growth through their specialized AI products and services.
Acer’s commitment to sustainability, innovation, and delivering value to its customers positions it as a significant player in the ICT industry, continually striving to enhance people’s lives through technology.
Acer reported strong financial performance in November 2024, with consolidated revenues reaching NT$22.75 billion, marking a 20.9% month-on-month and 13.1% year-on-year growth. Year-to-November revenues totaled NT$240.16 billion, up 10.4% YoY.
The company's PC and display business grew 11.0% YoY in November, with Chromebooks showing exceptional performance at 54.1% YoY growth. Non-PC businesses contributed 26.8% of total November revenues. Notable subsidiary performances include Altos Computing (AI servers) growing 64.4% YoY year-to-November and Acer ITS increasing 59.1% YoY in November.
Two subsidiaries, Acerpure and Protrade Applied Materials, began trading on Taipei Exchange Emerging Market, while Winking Studios listed on LSE AIM and SGX Catalyst.
Acer has expanded its gaming portfolio with new Nitro Intel Arc B-Series graphics cards, featuring the B570 OC 10GB and B580 OC 12GB models. These cards incorporate Xe2 architecture with up to 20 cores and clock speeds reaching 2,740 MHz. The graphics cards support high FPS gaming at 1440p and up to 8K visuals, featuring advanced FrostBlade cooling systems for optimal performance. Key highlights include specialized AI engines for AI workloads, Intel Xe Frame Generation technology, and support for content creation through the Intel AI Playground application. The cards offer up to 50% better performance per core and include features like ray tracing capabilities and mesh shaders.
Acer reported consolidated revenues of NT$18.82 billion for October and NT$217.41 billion for year-to-October, marking a 10.1% year-on-year growth. The company's core PC and display business grew 9.3% YoY year-to-October. Notably, non-PC and display businesses contributed 32.5% of total revenues in October and 28.4% year-to-October. Among incubated businesses, Acerpure will begin trading on Taipei Exchange's emerging stock board on November 15, showing 57% YoY October growth. Altos Computing (AI servers) grew 26.3% in October, while Acer ITS increased 23.8% YoY.
Acer reported strong Q3 2024 financial results with consolidated revenues of NT$72.69 billion, showing 8.3% QoQ and 7.8% YoY growth. The company achieved NT$1.60 billion in operating income, up 9.2% QoQ and 3.7% YoY. For the year-to-September period, revenues reached NT$198.66 billion with 11.5% YoY growth, while operating income grew 36.1% YoY to NT$3.85 billion. Non-computer and display businesses contributed 26.9% of total revenues, while public subsidiaries accounted for 26.4% of operating income. The company's Board approved reorganizing the Risk Management Committee into the 'Risk Management and Sustainable Development Committee'.
Acer Inc. (TWSE: 2353) reported its Q3'24 consolidated revenues at NT$72.58 billion, marking the highest quarter post-pandemic with 7.6% year-on-year (YoY) and 8.1% quarter-on-quarter growth. September revenues reached NT$26.31 billion, showing a 15.3% month-on-month increase. Year-to-September consolidated revenues totaled NT$198.59 billion, up 11.5% YoY.
Acer's strategy to diversify its business is paying off, with revenues from non-PC and display businesses contributing 26.9% of Q3 total revenues, growing 20.0% YoY. Notable performances include Altos Computing Inc. (AI servers and workstations) with 24.8% YoY growth in Q3, Acerpure Inc. with 91.1% YoY growth in Q3, and Acer ITS Inc. with 59.7% YoY growth in Q3.
The company also released its 2023 Sustainability Report, highlighting ESG achievements and progress towards 100% renewable electricity by 2035 and net-zero emissions by 2050.
Acer Inc. has released its 2023 Sustainability Report, highlighting progress in ESG and 'Conscious Technology' to address climate change. The company was named among TIME's World's Most Sustainable Companies 2024 and awarded the Platinum medal by EcoVadis, representing the top 1% of rated companies.
Acer is accelerating ESG progress through partnerships, working with logistics partners to support biofuel use and reduce carbon emissions. Its subsidiaries are developing sustainable solutions, including AI-assisted medical solutions for various health conditions.
The company has pledged to achieve net-zero emissions by 2050, outlining a strategy focused on business operations, products and services, and value chain. Acer has expanded its eco-conscious Vero product line, including its first carbon-neutral laptop, the Aspire Vero 16.
Acer aims to achieve 100% renewable electricity by 2035 and continues to receive global recognition for its ESG initiatives.
Acer Inc. (TWSE: 2353) reported August consolidated revenues of NT$22.82 billion, marking a 5.24% year-on-year growth and 14 consecutive months of YoY increase. Year-to-August revenues reached NT$172.28 billion, up 14.8% YoY. The company's PC and display business grew 16.3% YoY year-to-August, while revenues from other businesses contributed 26.1% of total August revenues and 28.1% year-to-August.
Notable performances include Altos Computing Inc.'s 31.0% YoY growth in August, Acerpure Inc.'s 11.7% YoY growth, and Acer ITS Inc.'s 23.0% YoY growth. Acer also unveiled Genmotion.AI, an LLM-powered tool for 3D game content creation, and introduced new AI-powered laptops and gaming products at its global press conference in Berlin.
Acer has unveiled the Iconia X12 tablet, a powerful device designed for entertainment and productivity on-the-go. Key features include:
- 12.6-inch 2.5K AMOLED display with 60 Hz refresh rate and 400 nits brightness
- Quad stereo speakers for immersive audio
- MediaTek Helio G99 processor and Android 14 OS
- 8 GB RAM, up to 256 GB storage, and microSD support up to 1 TB
- 10,000 mAh battery with fast-charging capability
- 8 MP front and 13 MP back cameras
- Optional stylus pen and detachable Bluetooth keyboard
The Iconia X12 will be available in North America, EMEA, and China starting January 2025, with prices beginning at $349, €369, and ¥2,688 respectively.
Acer unveiled Project DualPlay, a revolutionary gaming laptop concept, at its next@acer global press conference in Berlin. This Predator concept features a detachable wireless controller that doubles as a touchpad, pop-out speakers, and 360-degree dynamic RGB lighting. The controller can be split into two joysticks for multiplayer gaming, allowing seamless switching between keyboard and controller use.
Key features include:
- Built-in detachable wireless controller
- Two 5-watt pop-out speakers
- Customizable 360-degree RGB lighting
- Infinity mirror lighting bar
- Dual-mode gaming capabilities
Project DualPlay aims to revolutionize gaming laptops by offering versatile and shared PC gaming experiences in a single powerful device.
Acer has expanded its Predator gaming monitor line with two new 27-inch models: the Predator XB273U F5 and the Predator XB273K V5. The Predator XB273U F5 features NVIDIA G-SYNC Pulsar technology, a WQHD resolution, and a 360 Hz refresh rate for unmatched motion clarity. It supports 90% of the DCI-P3 color gamut, HDR, and peak brightness of 550 nits. The Predator XB273K V5 boasts a 4K UHD resolution, a 160 Hz refresh rate, and AMD FreeSync Premium technology. It also includes Dynamic Frequency and Resolution (DFR) technology, allowing users to switch to FHD resolution at 320 Hz. With a contrast ratio of 100,000,000:1, up to 400 nit brightness, and VESA DisplayHDR 400 certification, the XB273K V5 delivers exceptional picture quality. Both monitors have a fast response time of up to 0.5 ms and IPS panels for wide viewing angles. The Predator XB273K V5 will be available in North America, EMEA, and China in Q4 2024, starting at USD 499.99, EUR 699, and RMB 3999, respectively.
FAQ
What is the market cap of ACER S/GDR REG S (ACEYY)?
What products does Acer Inc. offer?
How many employees does Acer Inc. have?
What was Acer's revenue in 2013?
What is Acer's ranking in the global PC market?
What are some of Acer's recent achievements?
What is Acer's strategy for sustainability?
Who are Acer's target customers?
What are some of Acer's notable product launches?
What subsidiaries contribute to Acer's growth?
Where can I find more information about Acer Inc.?
