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Acer Inc. Soars with Q3' 23 Success - Asian Market Responds

Acer Inc., the global technology giant, has once again showcased its unwavering growth momentum as it reports a remarkable 4.0% year-on-year (YoY) revenue increase for the third quarter of 2023. In addition, Acer posted a staggering 15.8% quarter-on-quarter surge, solidifying its position as an industry leader.  

September: A Month of Milestones

In a sensational business performance for September, Acer recorded consolidated revenues of NT$ 28.06 billion. This figure represented a whopping 29.4% month-on-month (MoM) growth. These extraordinary results reflect Acer's continued dedication to innovation and customer-centric solutions.  

Q3'23: An Overview of Success

The success story extends into the third quarter, where Acer reported preliminary consolidated revenues of NT$67.47 billion. This marks a significant 4.0% YoY growth and an impressive 15.8% increase quarter-on-quarter, underscoring the company's prowess in adapting to a dynamic market.  

Drilling Down Into the Highlights

September witnessed specific business highlights that underscore Acer's versatile capabilities.   Notebook Business Soars Acer's notebook business revenues soared by an astounding 31.3% MoM, indicating strong demand and customer trust in Acer's product range.   Gaming Takes Center Stage Acer's gaming business also flourished, with revenues experiencing a remarkable 45.0% MoM growth, underscoring the brand's appeal to gamers worldwide.

Q3'23: Beyond Expectations

The third quarter proved to be a period of exceptional growth across various sectors.   Notebook Business - 19.4% Growth Acer's notebook business expanded by 19.4% during Q3'23, cementing its position as a leader in the tech industry.   Desktop Business - 27.8% Growth The desktop business segment demonstrated robust growth with a 27.8% increase, showcasing Acer's influence in the computing sector.   Vero Eco-Conscious Line Thrives Acer's commitment to eco-conscious products paid off, with Vero's revenues surging by 28.2% in Q3'23.   Gaming Business Reigns Supreme The gaming business experienced an astonishing 29.7% growth, reflecting Acer's prominence in the gaming market.  

A Diversified Strategy

Acer's impressive growth isn't limited to its core businesses. The company's diverse strategy is achieving great success, with non-computing and display businesses contributing 24.2% of total revenues in Q3'23. Key highlights of businesses under incubation include.   Altos Computing Soars Altos Computing recorded a stellar 39.1% growth in revenues during Q3'23, marking its potential in the tech industry.   Acerpure Inc. Shines Acerpure Inc. demonstrated impressive performance with a revenue growth of 12.3% in Q3'23.  

Acer: Pioneering in Gaming

Acer's commitment to gaming-related products and businesses sets it apart in the market. Its dedication to innovation and quality is evident in its impressive growth figures.

About Acer

Founded in 1976, Acer has grown to become one of the world's top ICT companies, with a presence in more than 160 countries. Acer is focused on enabling a world where hardware, software, and services converge, creating ecosystems and new possibilities for consumers and businesses alike. With 7,700 dedicated employees, Acer is at the forefront of research, design, marketing, sales, and support of products and solutions that bridge the gap between people and technology. Acer's continued growth and success signal a promising future in the ever-evolving tech industry.   Sources: THX News & ACER Inc. Read the full article