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

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Taiwan stocks, company revenues reach record highs: investors hope for bullish Year of the Ox

The Taiwan Stock Exchange is closed for the Lunar New Year holidays after finishing the Year of the Rat at a record high of 15,802 points, and record company revenues are boosting investor confidence for a bullish Year of the Ox. The TWSE closed Friday, February 5, 3,683.69 points (30.4%) up from the close of trading the previous year – the Year of the Pig. As company revenue reports flood in, investors are seeing record sales, revenues, and profits, on

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