logo

FX.co ★ Acer May Year-over-Year Revenue Increases

Acer May Year-over-Year Revenue Increases

Acer Inc. (ACID.L) reported a 16.8 percent increase in revenues for May compared to the previous year.

For May, the revenues amounted to NT$21.13 billion, while the year-to-date consolidated revenues rose by 15.9 percent, reaching NT$97.81 billion.

Revenue from the personal computers business saw a 26 percent year-over-year growth in May.

The leading ICT company highlighted that revenues for Altos Computing Inc., its subsidiary specializing in AI servers and workstations, surged by 256.4 percent year-over-year in May. Acer ITS Inc. recorded a 58.5 percent increase, and Acerpure Inc. experienced a 22 percent rise in revenues over the same period.

During the recent Computex Taipei held in early June, Acer's display of its AI product range, which includes PCs, servers, and AI-assisted solutions for medical applications and smart cities, received positive feedback.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account