TAIPEI (November 9, 2023) Acer Inc. (TWSE: 2353) announced its October consolidated revenues at NT$ 19.35 billion with 7.2% growth year-on-year (YoY). Year-to-October revenues reached NT$ 197.52 billion, which was higher than pre-pandemic (2016 to 2019) levels for the same period.
October business highlights:
Acer has seen its computer business move back on the right track with inventory gradually coming under control, while new usage models based on generative AI are emerging.
Acer’s strategy to establish multiple business engines through pushing its business scope boundaries has provided the company with more opportunities in the evolving industry dynamics. Eleven public subsidiaries have announced their revenues and highlights for businesses under incubation include:
(1) Acer’s gaming related products and businesses