Acer’s February revenue up 80.9% year-on-year

Strong demand for computers has seen Taiwan ICT giant Acer (TWSE:2353) rack up NT$20.32 billion (US$718.06 million) in consolidated revenue for February, 2021, up 80.9% from the same time last year, the company announced today, March 9.

Cumulative revenue for the first two months of the year was NT$43.813 billion, a year-on-year increase of 76.8%.

Acer reported that its e-sports product revenue in February increased 91.3% year-on-year, while Chromebook revenue increased by 631.3%. Earnings from desktops were up 34.3% from the same time last year, and its Creator PC series saw an increase of 288.4%.

Acer said that its multiple business engine strategy continued to gain momentum. The listed subsidiaries have all reported year-on-year growth for February, including AOPEN, Acer Cyber Security, Acer Synergy Tech, Weblink International, and Acer e-Enabling Business. Other new businesses initiatives under incubation also made good progress, such as GadgeTek with 385.3% year-on-year revenue growth in February and Highpoint with 43.4% YoY revenue growth in February.

Acer became the world’s 6th-largest PC vendor by unit sales in January, 2021.

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