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Acer Posts 9.7% Revenue Growth in 2023 as PC Sales Rebound

The company's non-PC business surges 15.5%, contributing over 28% of annual sales
Taiwan
a 2353.TW Mid and Small Cap 2000 Tech 350
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Taiwanese computer maker Acer reported a 9.7% increase in annual revenue to NT$264.71 billion ($8.5 billion) in 2023, marking six consecutive quarters of year-over-year growth. The company’s core PC and display business grew 8.4% despite global market challenges.

The company’s diversification strategy showed results as non-PC revenue reached 29.3% of fourth-quarter sales, jumping 14.2% from the previous year. For the full year, non-PC operations contributed 28.3% of total revenue, up 15.5%.

Antheus Technology, Acer’s AI server and workstation unit, demonstrated strong momentum with a 42.5% revenue increase in the fourth quarter and 66.8% growth for the full year. Acer ITS, another subsidiary, posted annual growth of 19.4%.

December revenue climbed 3.69% year-over-year to NT$24.55 billion ($785 million), while fourth-quarter revenue rose 4.7% to NT$66.12 billion ($2.11 billion).

At CES 2025, Acer unveiled 30 new products, including AI-powered PCs and gaming devices. The company’s Aspire Vero 16 laptop, featuring a carbon-neutral chassis made from recycled plastics and oyster shell biomaterial, received recognition at the show.

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