January revenues grew by 7.1% year-on-year, and declined by 14.8% month-on-month
Acer Inc. (TWSE: 2353) announced today its consolidated revenues for January 2022 at NT$25.16 billion to reach an eight-year high for the same period. The January revenues grew by 7.1% year-on-year (YoY), and declined by 14.8% month-on-month due to seasonality. Logistics issues continue to be a bottleneck, while semi-conductor shortages are easing.
Business highlights for January include:
- Gaming line[1]: revenues grew 28.7% YoY
- Desktops: revenues grew 40.7% YoY
- Commercial PCs (desktop and notebooks): revenues grew 18.6% YoY
- Displays: revenues grew 15.3% YoY
Acer’s strategy to build multiple business engines continues to gain momentum. Meanwhile, businesses other than PCs and displays contributed to 19.0% of total revenues, compared to 16.1% contribution in January 2021.
Among the Acer Group subsidiaries, the publicly-listed companies have all announced their January revenues, while Acer Gaming’s revenues grew by 29.3% YoY and Acer Gadget’s revenues grew by 24.9% YoY.
[1] Acer’s gaming related products and businesses