{"id":411581,"date":"2021-01-11T05:54:39","date_gmt":"2021-01-11T10:54:39","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411581"},"modified":"2021-01-11T05:54:39","modified_gmt":"2021-01-11T10:54:39","slug":"acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\/","title":{"rendered":"Acer Reports Consolidated Revenues for Q4&#8217;20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">TAIPEI<\/span>, <span class=\"xn-chron\">Jan. 11, 2021<\/span> \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced today its consolidated revenues for <span class=\"xn-chron\">December 2020<\/span> at <span class=\"xn-money\">NT$28.36 billion<\/span>, up 21.5% year-on-year (YoY). Significant consolidated revenue growths were shown in Q4&#8217;20 with <span class=\"xn-money\">NT$82.60 billion<\/span>, up 34.1% YoY and 3.2% quarter-on-quarter, marking the highest quarter in six years; and in full year 2020 with <span class=\"xn-money\">NT$277.09 billion<\/span>, up 18.3% or by 24.1% YoY measured in US currency. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/493352\/Acer_Incorporated_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/493352\/Acer_Incorporated_Logo.jpg\" title=\"Acer Incorporated Logo (PRNewsfoto\/Acer Incorporated)\" alt=\"Acer Incorporated Logo (PRNewsfoto\/Acer Incorporated)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>On the strategy to focus on industry bright spots, the respective businesses have yielded strong results with YoY revenue growth for:<\/p>\n<ul type=\"disc\">\n<li>Gaming line<sup>[1]<\/sup> by 43.9% in Q4, and by 30.5% full year 2020 <\/li>\n<li>Chromebooks by 253.5% in Q4, and by 95.4% full year 2020 <\/li>\n<li>Thin and light notebooks by 165.9% in Q4, and by 62.3% full year 2020 <\/li>\n<li>Monitors by 38.9% in Q4, and by 21.3% in full year 2020<\/li>\n<\/ul>\n<p>Acer sees strong market demand continuing into the foreseeable future. At the same time, its strategy of building multiple engines has progressed strongly; the subsidiaries including Acer e-Enabling Business, Acer Synergy Tech, Acer Cyber Security, AOPEN, Weblink International, have each announced exciting business results. In addition, the various businesses under incubation have also delivered robust results, including full year 2020 revenue growths of GadgeTek by 80.7%, and Highpoint by 174.7%, among others.<\/p>\n<p>\n        <b>About Acer <\/b>\n      <\/p>\n<p>Founded in 1976, Acer now is one of the world&#8217;s top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer&#8217;s 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit <a target=\"_blank\" href=\"http:\/\/www.acer.com\/\" rel=\"nofollow noopener noreferrer\">www.acer.com<\/a>\u00a0for more information.<\/p>\n<p>\u00a9 2021 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and\/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.<\/p>\n<p>\n        <sup>[1]<\/sup>\u00a0Acer&#8217;s gaming line includes desktops, notebooks, and monitors<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=HK44186&amp;sd=2021-01-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion-301205101.html\">http:\/\/www.prnewswire.com\/news-releases\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion-301205101.html<\/a><\/p>\n<p>SOURCE  Acer<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=HK44186&amp;Transmission_Id=202101110551PR_NEWS_USPR_____HK44186&amp;DateId=20210111\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire TAIPEI, Jan. 11, 2021 \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2020 at NT$28.36 billion, up 21.5% year-on-year (YoY). Significant consolidated revenue growths were shown in Q4&#8217;20 with NT$82.60 billion, up 34.1% YoY and 3.2% quarter-on-quarter, marking the highest quarter in six years; and in full year 2020 with NT$277.09 billion, up 18.3% or by 24.1% YoY measured in US currency. On the strategy to focus on industry bright spots, the respective businesses have yielded strong results with YoY revenue growth for: Gaming line[1] by 43.9% in Q4, and by 30.5% full year 2020 Chromebooks by 253.5% in Q4, and by 95.4% full year 2020 Thin and light notebooks by 165.9% in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Acer Reports Consolidated Revenues for Q4&#8217;20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411581","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Acer Reports Consolidated Revenues for Q4&#039;20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acer Reports Consolidated Revenues for Q4&#039;20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire TAIPEI, Jan. 11, 2021 \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2020 at NT$28.36 billion, up 21.5% year-on-year (YoY). Significant consolidated revenue growths were shown in Q4&#8217;20 with NT$82.60 billion, up 34.1% YoY and 3.2% quarter-on-quarter, marking the highest quarter in six years; and in full year 2020 with NT$277.09 billion, up 18.3% or by 24.1% YoY measured in US currency. On the strategy to focus on industry bright spots, the respective businesses have yielded strong results with YoY revenue growth for: Gaming line[1] by 43.9% in Q4, and by 30.5% full year 2020 Chromebooks by 253.5% in Q4, and by 95.4% full year 2020 Thin and light notebooks by 165.9% in &hellip; Continue reading &quot;Acer Reports Consolidated Revenues for Q4&#8217;20 at NT$82.60 Billion, Highest Quarter in Six Years; and for December at NT$28.36 Billion&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-11T10:54:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/493352\/Acer_Incorporated_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/acer-reports-consolidated-revenues-for-q420-at-nt82-60-billion-highest-quarter-in-six-years-and-for-december-at-nt28-36-billion\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Acer Reports Consolidated Revenues for Q4&#8217;20 at NT$82.60 Billion, Highest Quarter in Six Years; 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(TWSE: 2353) announced today its consolidated revenues for December 2020 at NT$28.36 billion, up 21.5% year-on-year (YoY). Significant consolidated revenue growths were shown in Q4&#8217;20 with NT$82.60 billion, up 34.1% YoY and 3.2% quarter-on-quarter, marking the highest quarter in six years; and in full year 2020 with NT$277.09 billion, up 18.3% or by 24.1% YoY measured in US currency. 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