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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.
Acer Inc. reported consolidated revenues of NT$29.52 billion for December 2021, marking the highest level in nine years and reflecting a 4.0% year-over-year growth. For Q4 2021, revenues reached NT$86.38 billion, a 4.6% YoY increase, with a full-year total of NT$318.85 billion, growing 15.1% YoY. Key drivers included notable increases in gaming revenues (19.8% YoY) and commercial notebooks (40.1% YoY), while non-PC businesses contributed 17.6% to total revenues.
Acer Inc. reported consolidated revenues of NT$28.85 billion for November 2021, the highest in eight years for the month, reflecting a 3.0% month-over-month and 0.5% year-over-year increase. Year-to-date revenues reached NT$289.3 billion, representing a 16.3% year-over-year growth. Noteworthy sectors include a 13.1% year-over-year increase in gaming revenues and a remarkable 186.1% year-over-year growth in rugged products for November. Business incubation efforts also showed significant revenue growth, particularly in MPS Energy, with an extraordinary increase of 571.1%.
Acer Inc. reported October 2021 consolidated revenues of NT$28.01 billion, the highest in seven years, and a year-on-year increase of 9.8%. For the year-to-date, revenues reached NT$260.48 billion, up 18.4% YoY. Key business highlights include a 20.2% increase in gaming revenue, 54.5% growth in desktop PC sales, and 4.8% growth in notebook PCs. Non-PC related businesses contributed 17.1% to total revenues, with Altos Computing and MPS Energy achieving remarkable growth of 155.8% and 611.9% respectively.
Acer Inc. reported robust financial results for Q3 2021, with consolidated revenues of NT$81.14 billion and net income of NT$3.02 billion, the highest recorded in 11 years. The gross profit was NT$9.37 billion (11.5% margin), and operating income reached NT$3.47 billion (4.27% margin). For the first nine months of 2021, net income was NT$8.66 billion, and EPS was NT$2.88, both doubling the performance from the previous year. Acer continues to address supply chain issues while launching innovative products for the gaming and creator markets.
Acer Inc. reported September consolidated revenues of NT$27.93 billion, totaling NT$232.47 billion for the year-to-date, reflecting a 19.5% year-on-year growth. For Q3 2021, revenues reached NT$81.13 billion, the highest in seven years. Key highlights include significant revenue growth across product categories: 29.8% for notebooks, 42.7% for Chromebooks, and 44.7% for commercial notebooks. Acer's subsidiaries also showed strong growth, with a 29.0% increase overall. The company will showcase innovations at its next@acer global press conference on October 13.
Acer Inc. reported August revenues of NT$27.10 billion, marking a 3.84% increase month-on-month. Year-to-date, consolidated revenues reached NT$204.54 billion, reflecting a 24.0% year-on-year growth. Key business areas include:
- Gaming revenue up 35.1% YoY
- Chromebook revenue up 63.4% YoY
- Commercial notebooks up 51.9% YoY
- Monitor revenue up 18.1% YoY
Acer's subsidiaries also demonstrated overall YoY growth while new ventures, like Altos Computing, grew 47.2% YoY.
Acer Inc. has been shortlisted for the RE100 Leadership Award in the Key Collaborator category, recognizing its efforts in clean energy transformation. Currently, 45% of its suppliers utilize green energy, and 50% of critical suppliers are committed to RE100 or Science Based Targets. Acer aims to achieve 100% renewable energy across all global operations by 2035. The RE100 initiative, led by the Climate Group and CDP, promotes corporate commitment to renewable energy.
Acer Inc. reported strong Q2 2021 financial results with consolidated revenues of NT$79.78 billion and a net income of NT$2.90 billion, marking the highest in 11 years. This represents a 142.5% year-on-year growth and an EPS of NT$0.97. For the first half of 2021, revenues totaled NT$151.33 billion with net income of NT$5.64 billion, up 221.8% YoY. Acer anticipates continued strong demand in the PC market, with its subsidiaries also showing impressive revenue and profit growth.
Acer Inc. reported its consolidated revenues for June at NT$30.02 billion, marking a 16.9% year-on-year increase and the highest revenue in seven years. Preliminary revenues for the second quarter of 2021 reached NT$79.78 billion, up 21.7% YoY. Year-to-June revenues totaled NT$151.33 billion, signifying a 32.2% YoY growth. Notable growth in product lines saw gaming products rise 35.7% and Chromebooks increase 41.8% YoY. All subsidiaries reported YoY revenue growth, supporting Acer’s ongoing multi-business strategy.
Acer Inc. reported consolidated revenues of NT$24.81 billion for May 2021, marking a 22.9% year-on-year increase and the highest figure in seven years. Year-to-date revenues reached NT$121.31 billion, reflecting a 36.6% growth. Key contributors included a 30.1% increase in Chromebook sales and a 15.3% rise in gaming products. All subsidiaries also reported year-on-year revenue growth, with notable increases from E-TEN Information Systems at 51.1%, GadgeTek at 36.3%, and Altos Computing at 67.3%.
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