ACER INC S/GDR REG S - ACEYY STOCK NEWS

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.

03/07/2024 05:30 AM

News

Acer Reports February Consolidated Revenues at NT$16.12 Billion, Achieving Eight Months of Consecutive YoY Growth

Rhea-AI Summary

Acer Inc. reports strong revenue growth in February 2024, with consolidated revenues reaching NT$16.12 billion and 9.8% YoY growth. The company achieved eight consecutive months of YoY growth, with year-to-February revenues at NT$31.35 billion and 10.7% YoY growth. Acer's notebook, gaming, and Chromebooks businesses showed impressive revenue growth. Additionally, businesses under incubation, such as Altos Computing Inc., Acerpure Inc., and Acer ITS Inc., reported significant revenue growth, showcasing Acer's diversified business strategy.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

02/07/2024 03:19 AM

News

Acer Reports January Consolidated Revenues at NT$15.23 Billion, Up 11.7% Year-on-year (YoY), Achieves 7 Months of Consecutive YoY Growth

Rhea-AI Summary

Acer Inc. (TWSE: 2353) reported January 2024 consolidated revenues of NT$15.23 billion, marking an 11.7% year-on-year growth. The company achieved seven months of consecutive YoY growth, with notable increases in Chromebooks, desktop, and Altos Computing Inc. revenues. Acer's strategy to diversify its business engines also showed promising results, with non-computer and display businesses contributing 39.2% to the total revenues in January.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

01/08/2024 04:39 AM

News

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

Rhea-AI Summary

Acer Inc. (TWSE: 2353) reported a 17.8% month-on-month and 3.5% year-on-year growth in consolidated revenues for December 2023, marking the sixth consecutive month of year-on-year growth. Preliminary consolidated revenues for Q4 2023 totaled NT$63.15 billion with a 5.5% year-on-year growth and reached NT$241.32 billion for 2023. The computer-related business saw significant growth in Q4 2023, with notebook business revenues growing by 10.8% year-on-year, desktop business revenues by 6.2% year-on-year, and chromebook business revenues by 47.0% year-on-year. Businesses other than computers and displays contributed around 27% in December, Q4, and the whole year in 2023. Acer's subsidiaries also reported strong growth, with Altos Computing Inc. revenues growing by 41.1% year-on-year, Acer ITS Inc. revenues by 386.1% year-on-year, Acerpure Inc. revenues by 24.4% year-on-year, and Acer Mobile Power System Inc. revenues by 99.7% year-on-year. Acer's strategy to expand multiple business engines continued to gain momentum, with total revenues from businesses other than computers and displays growing by 11.8% year-on-year in 2023.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

01/04/2024 03:10 AM

News

Acer Listed on Dow Jones Sustainability Indices, Scores Full Marks Across Various Components

Rhea-AI Summary

Acer Inc. (TWSE: 2353) has been listed on the Dow Jones Sustainability Indices (DJSI) Emerging Markets Index for the 10th consecutive year, scoring in the 100th percentile and garnering top rankings in various components. The company is accelerating efforts toward sustainability, joining the RE100 initiative and pledging to achieve net zero emissions by 2050. Acer's sustainability efforts have expanded beyond computers and display products to lifestyle products, such as e-mobility and energy storage solutions.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

12/11/2023 05:08 AM

News

Acer Reports November Consolidated Revenues at NT$ 20.11 Billion, Showing YoY Growth for Five Consecutive Months

Rhea-AI Summary

Acer Inc. (TWSE: 2353) reported November consolidated revenues of NT$ 20.11 billion, showing 3.9% growth month-on-month and 6.4% growth year-on-year (YoY). Year-to-November revenues reached NT$ 217.63 billion. Business highlights include: Notebook business revenues grew 6.6% YoY, desktop business revenues grew 42.6% YoY, and commercial business revenues grew 29.8% YoY. Acer's strategy to create multiple business engines has continued its momentum, with significant growth in Altos Computing, Acerpure Inc., and Acer Mobile Power System Inc. Additionally, Acer announced its further commitment to ESG in Dubai during COP28, launching carbon-neutral products and a full line of power storage solutions.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

12/06/2023 08:30 AM

News

Acer Commits to Carbon Neutrality for Vero Laptop Line

Rhea-AI Summary

Acer Inc. (ACER) commits to carbon neutrality for its Aspire Vero laptop line, starting with the new Aspire Vero 16 (AV16-51P). The company aims to minimize carbon footprint at each stage of the device lifecycle and achieve carbon neutrality through high-quality carbon credits. Acer has also joined the RE100 initiative to achieve 100% renewable electricity by 2035 and aims for net-zero emissions by 2050.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

12/06/2023 08:30 AM

News

Acer Unveils "Conscious Technology" Vision to Help Tackle Climate Change

Rhea-AI Summary

Acer Inc. (TWSE: 2353) unveiled its 'Conscious Technology' vision in Dubai, showcasing energy storage solutions and product concepts. The company is committed to 100% renewable electricity by 2035 and net-zero emissions by 2050. Acer is expanding its presence in the energy storage industry and investing in battery cell technologies.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

11/09/2023 04:37 AM

News

Acer Reports October Consolidated Revenues at NT$19.35 Billion, Up 7.2% Year-on-year

Rhea-AI Summary

Acer Inc. (TWSE: 2353) reported October consolidated revenues of NT$ 19.35 billion, marking a 7.2% YoY growth. Year-to-October revenues reached NT$ 197.52 billion, surpassing pre-pandemic levels. Key highlights include 13.9% growth in notebook business revenues, 27.7% growth in gaming business revenues, and 20.6% growth in Chromebook revenues. Acer's diversified business strategy is paying off, with subsidiaries like Acer Mobile Power System Inc., Altos Computing, Acerpure Inc., and Acer ITS Inc. also experiencing significant revenue growth.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

11/02/2023 05:40 AM

News

Acer Announces Q3 2023 Net Income at NT$2.01 Billion, up 44.2% Quarter-on-quarter

Rhea-AI Summary

Acer Inc. announced its financial results for Q3 2023, with consolidated revenues of NT$67.44 billion, a 15.8% QoQ growth and 3.9% YoY growth. Gross profits reached NT$7.29 billion with a 10.8% margin, higher than the previous quarter and the same period last year. Operating income was NT$1.55 billion, up 47.8% QoQ and 86.6% YoY, with a 2.3% margin. Net income was NT$2.01 billion, up 44.2% QoQ and 7.0% YoY. Businesses other than computers and displays contributed 24.2% of total revenues and 30.0% of operating income in Q3. Acer Group's revenue and profit have reached a new high after the pandemic.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

10/11/2023 06:04 AM

News

Acer Reports Q3'23 Consolidated Revenue Growth of 4.0% YoY and 15.8% QoQ at NT$67.47 Billion, and September Growth of 29.4% MoM at NT$28.06 Billion

Rhea-AI Summary

Acer Inc. reports strong growth in September and Q3'23

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

FAQ

What is the market cap of ACER S/GDR REG S (ACEYY)?

The market cap of ACER S/GDR REG S (ACEYY) is approximately 3.8B.

What products does Acer Inc. offer?

Acer Inc. offers a wide range of products, including PCs, displays, projectors, servers, tablets, smartphones, and AI-powered devices.

How many employees does Acer Inc. have?

Acer Inc. employs over 7,400 people worldwide.

What was Acer's revenue in 2013?

In 2013, Acer reported revenues of USD 12.03 billion.

What is Acer's ranking in the global PC market?

Acer ranks as the fourth-largest PC vendor globally, according to IDC 2013 data.

What are some of Acer's recent achievements?

Recent achievements include significant year-on-year revenue growth, new AI-powered product launches, and strong performance in the notebook and Chromebook segments.

What is Acer's strategy for sustainability?

Acer has established a green supply chain and designs environmentally friendly products to reduce its environmental impact.

Who are Acer's target customers?

Acer's target customers include individuals, small offices/home offices (SOHO), small and medium-sized businesses (SMB), large enterprises, public sectors, and educational institutions.

What are some of Acer's notable product launches?

Notable launches include the Acer Chromebook Plus Spin 714 and Acer Chromebook Plus 516 GE, both featuring advanced AI capabilities for improved performance and user experience.