Benzinga | Jan 7, 2022 01:01PM EST

Acer Reports Dec. Sales NT$29.52B, Up 4% Year Over Year

Revenues for the fourth quarter ended at NT$86.38 billion with 4.6% growth YoY, and the full year 2021 ended at NT$318.85 billion with 15.1% growth YoY

TAIPEI, Jan. 7, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353)Revenues for the fourth quarter ended at NT$86.38 billion with 4.6% growth YoY, and the full year 2021 ended at NT$318.85 billion with 15.1% growth YoY

TAIPEI, Jan. 7, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2021 at NT$29.52 billion, marking the highest in nine years for the same period, and growing by 4.0% year-over-year (YoY) and by 2.3% month-over-month (MoM). Preliminary consolidated revenues for Q4'21 ended at NT$86.38 billion, with 4.6% growth YoY and 6.5% quarter-over-quarter (QoQ), and for full year 2021 ended at NT$318.85 billion with 15.1% growth YoY.



Business highlights for Q4'21 include:

* Gaming line[1]: Revenues grew 19.8% YoY and 10.9% QoQ

* Commercial notebooks: Revenues grew 40.1% YoY and 15.6% QoQ

* Altos Computing: Revenues grew 24.8% YoY and 5.3% QoQ

* Businesses other than PCs and displays: Revenues grew 26.6% YoY

Business highlights for full year 2021 include:

* Notebook PCs: Revenues grew 20.8%

* Desktop PCs: Revenues grew 20.9%

* Gaming line[1]: Revenues grew 26.6%

* Commercial notebooks: Revenues grew 43.2%

* Businesses other than PCs and displays: Revenues grew 27.0%

Acer's strategy to build multiple business engines continues to gain momentum. In full year 2021, businesses other than PCs and displays contributed to 17.6% of total revenues, compared to 15.4% contribution in 2020.

[1] Acer's gaming related products and businesses