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.
Taiwan English News is an independent publication with no corporate funding. If you found this article informative, and would like to support my work, please buy me a coffee or support me on Patreon. Subscribe to Taiwan English News for free to receive the latest news via email. Advertising queries are welcome. Share, like, comment below.