Acer Reports October Consolidated Revenues at NT$ 18.05 Billion.

TAIPEI: Acer Inc. (TWSE: 2353) reports its October consolidated revenues at NT$18.05 billion. Its year-to-October revenues reached NT$233.63 billion, down 10.3% year-on-year YoY. Acer is focusing on reducing inventory levels and increasing net cash to weather through the industry challenges.

Business highlights include:

Businesses other than PCs and displays contributed 25.5% of total revenues in October, compared to 17.1% in October last year

Businesses other than PCs and displays contributed 20.8% of total revenues in year-to-October, compared to 16.8% in the same period last year

Businesses other than PCs and displays revenues grew 13.1% year-to-October, YoY

Acer's public subsidiaries have all announced their October revenues, in addition...