Acer Attains Good Business Momentum in 4th Quarter

Acer Attains Good Business Momentum in 4th Quarter

Acer Inc. announced its consolidated revenues for December at NT$21.03 billion, up 12% year-on-year (YoY) in terms of NT$, or by 19% measured in US$. For the fourth quarter, consolidated revenues reached NT$67.1 billion, with quarter-on-quarter (QoQ) growth of 11% in both NT$ and US$, and YoY growth of 9% YoY in NT$ or 15% measured in US$. For the full year 2017, Acer reported consolidated revenues of NT$237.33 billion, up 8% YoY measured in US$. 

Wrapping up year 2017, Acer demonstrated strong business momentum in Q4, and this is attributable to several fast-growing product segments, which delivered YoY revenue increases in Q4: gaming products grew by 129%, Windows-based commercial notebooks grew by 45%, Chromebooks grew by 67%, and the Altos artificial intelligence business grew by 48%. 

Regionally, Acer also reported Q4 YoY revenue growths: Latin America grew by 25% to demonstrate its continuing momentum, the U.S. grew by 21% mainly due to year-end holiday promotions, China grew by 38% showing recovery, and India grew by 72% indicating market stabilization along with strong momentum in gaming PC segment.

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