ACER INC S/GDR REG S - ACEYY STOCK NEWS

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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.

12/06/2023 08:30 AM

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Acer Commits to Carbon Neutrality for Vero Laptop Line

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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.

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12/06/2023 08:30 AM

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

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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.

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11/09/2023 04:37 AM

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

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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.

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11/02/2023 05:40 AM

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

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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.

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10/11/2023 06:04 AM

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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

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

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09/08/2023 05:37 AM

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Acer Announces August Consolidated Revenues at NT$21.69 Billion, Growing 7.1% Year-on-year, 22.4% Month-on-month

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Acer Inc. reports consolidated revenues of NT$21.69 billion in August, with YoY growth at 7.1% and MoM growth at 22.4%. Year-to-August revenues reach NT$150.10 billion. Notebook business revenues grow 39.2% MoM and 13.6% YoY. Gaming business revenues grow 79.1% MoM and 8.7% YoY. Acerpure Inc. revenues grow 32.6% MoM and 55.9% YoY. Acer ITS Inc. revenues grow 2.1% MoM and 11.0% YoY. Connectivity products business revenues grow 63.0% MoM. Acer shows YoY growth for two consecutive months.

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08/09/2023 05:42 AM

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Acer Announces July Consolidated Revenues at NT$17.72 Billion, Growing 1.5% Year-on-year

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Acer Inc. announced its consolidated revenues for July at NT$17.72 billion with 1.5% growth YoY, and for year-to-July at NT$128.41 billion, down 23.6% YoY. Other businesses contributed 29.0% of total revenues. Acer's computers business returned to YoY growth in July. Key highlights include Vero eco-conscious line revenues growing 138.2% YoY and Chromebook business revenues growing 58.3% YoY.

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08/03/2023 05:53 AM

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Acer Announces Q2 2023 Net Income at NT$1.39 Billion

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08/03/2023 05:48 AM

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Acer Expands Commitment in Energy Storage; Invests in Lithium Iron Phosphate Battery Cell Maker, C-Life Technologies

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07/07/2023 05:16 AM

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Acer Announces June Consolidated Revenues at NT$26.32 Billion, Up 45.5% Month-on-Month

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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 3.3B.

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.