Acer, Asustek post higher April sales due to remote working, learning

Taipei,  Acer Inc. and Asustek Computer Inc., the two leading PC brands in Taiwan, both reported on Friday an increase in sales for April due to more people working and learning remotely, which boosted demand for computer products, offsetting the economic impact from the COVID-19 pandemic.

Acer said it posted NT$19.75 billion (US$661 million) in consolidated sales, up 41.1 percent from a year earlier, while Asustek announced its consolidated sales for the month rose 13.7 percent from a year earlier to NT$22.74 billion.

In a statement, Acer said although the COVID-19 pandemic had forced many consumers to stay at home, the company benefited from solid demand because of an increase in online working and learning.

Under such circumstances, Acer said sales of its Chromebook notebook computers rose 327.9 percent from a year earlier in April, while purchases of its ultrabook computers almost doubled last month.

According to global market information advisory firm Gartner Inc., Acer took a 5.6 percent share of the world’s PC market in the first quarter by shipping 2.90 million PCs, ranking as the fifth largest vendor in the world, ahead of Asustek, which shipped 2.60 million units for a 5.0 percent share, grasping sixth place.

Both PC brands released their sales data after the local equity market closed.

On Friday, Acer shares rose 0.31 percent to close at NT$16.35, and Asustek shares added 1.78 percent to end at NT$200.50 on the local main board.

 

Source: Focus Taiwan News Channel

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