Acer Reports May Consolidated Revenues at NT$22.18 Billion, Up 15.4% Month-on-Month

TAIPEI, June 10, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for May at NT$22.18 billion, which was down 10.6% year-on-year (YoY). However, due to improvement of the supply chain, revenues grew by 15.4% month-on-month (MoM). The year-to-May consolidated revenues of NT$119.78 billion marked a slight decline of 1.3% YoY.

Business highlights include:

• Gaming business ^[1] revenue in May grew 23.0% MoM
• Chromebook business revenue in May grew 174.5% MoM

The public subsidiaries have all released their May revenues, and in total grew by 9.8% MoM, 26.8 % YoY, and 34.4% YTD (year-to-date).

Some initiatives under incubation have shown significant growth, including:

• Acer Gaming Inc. revenue in May grew  69.4% MoM, 114.6% YoY, and 28.5% YTD
• MPS Energy Inc. revenue in May grew 30.2% MoM, 33.8% YoY, and 145.9% YTD

Acer's strategy to build multiple business engines continues its momentum. The May revenues of businesses other than PCs and displays contributed to 21.3% of the total revenue, with growth of 12.1% MoM, 18.3% YoY, and 26.6% YTD.

 _{[1]  Acer's gaming related products and businesses}

About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 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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