Acer's Financial Success and Future Outlook for AI Integration in 2023

6 months ago 1252

Acer reported a turnover of just over seven billion euros in 2023 with a net profit of 143 million euros. The company stated that the market for both PCs and monitors is showing signs of improvement. Acer anticipates that AI will play a significant role in the company's future.

Acer achieved a turnover of 241 billion New Taiwan dollars in the 2023 financial year, equivalent to approximately 7.09 billion euros. Gross profit for the year totaled 749 million euros, with a net profit of 143 million euros.

Acer notes that sales of monitors, laptops, and computers are now 'back on the right track'. These divisions are once again profitable and are able to adjust to seasonal fluctuations without impacting inventory levels negatively. The decline in laptop and monitor sales, seen over an extended period not only at Acer but across most hardware manufacturers, appears to be reversing.

Looking ahead, Acer envisions significant business opportunities arising from artificial intelligence. The company believes that Generative AI will emerge as a 'megatrend in 2024', but specifics on Acer's response to this trend have not been disclosed. It is possible that Acer may introduce new hardware tailored for AI applications, although details on such plans have not been provided.