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Acer reports a return to seven-year highs with its May 2021 revenue

Acer's gaming business is getting stronger. (Source: Acer)
Acer's gaming business is getting stronger. (Source: Acer)
Acer has announced that its latest round of consolidated revenue (for May 2021) was its best for 7 seven years. These earnings, which totaled about US$895 million, grew by nearly 23% year-on-year (YoY). The OEM's gaming arm grew by 15.3% YoY, whereas its Chromebooks brought in 30.1% more revenue compared to May 2020.

Acer has announced that it amassed consolidated earnings of 24.81 billion new Taiwanese dollars (NTD, or ~US$895 million) for May 2021, a level last attained by the company in the same month of 2014. It contributes to a grand total of 121.31 billion NTD (~$4.38 billion) for 2021 thus far.

Then again, Acer's latest reported figure for its revenue was 0.6% less compared to that for April 2021 - although that doesn't reflect poorly on the OEM's performance for the year so far.

The company attributes its success in this latest financial report to its interests in the gaming and Chromebook markets: not really surprising in a year where remote learning and entertainment still reign supreme.

On that note, Acer has also reported that spin-offs and subsidiaries such as the business-focused Altos Computing, smart-home specialist GadgeTek and mobile device company E-TEN Information Systems did well in May 2021, with 67.3%, 36.3% and 51.1% YoY growth respectively.

Finally, on a slightly worrying note, Acer claimed it "continues to see demand for orders" that "exceed supplies" for May 2021.

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2021 06 > Acer reports a return to seven-year highs with its May 2021 revenue
Deirdre O'Donnell, 2021-06- 9 (Update: 2021-06- 9)