Acer Reports Consolidated Revenues for June at NT$25.67 Billion, Q2'20 at NT$65.60 Billion - the Highest Over 10 Quarters

TAIPEI,July 8,2020 -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for June at NT$25.67 billion,up 27.2% month-on-month (MoM) and by 4.9% year-on-year (YoY). Preliminary consolidated revenues for the second quarter 2020 reached NT$65.60 billion,marking the highest in 10 quarters,and was up 34.3% QoQ and by 19.0% YoY. For year-to-June,consolidated revenues were NT$114.46 billion,up 4.2% YoY.

Among its regional operations,second quarter revenues QoQ was led by EMEA with 60.0% growth,and Pan America with 35.6% growth. In most countries,Acer benefitted from work-from-home and distance learning needs,in addition to the excellent end-to-end supply chain collaboration with its suppliers.

In terms of business lines,second quarter revenues grew QoQ for notebook PCs by 48.4%,monitors by 28.9%,gaming line[1]by 70.9%,and Chromebooks with 74.8%.

The momentum of Acer's multiple business engines continues to be strong,including Weblink International,Acer Cyber Security,Acer e-Enabling Service Business,and others.

[1]Acer's gaming line includes desktops,notebooks and monitors.

About Acer

Founded in 1976,Acer now is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future,it is focused on enabling a world where hardware,software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality,Acer's 7,000+ employees are dedicated to the research,design,marketing,sale,and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

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