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According to Acer's CEO, the demand for PCs is growing

Stellar Snippets

CEO Jason Chen of Taiwanese computer manufacturer Acer says the demand for personal computers has seen a "year-to-year growth"  after bottoming out in May.

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Acer's desktop revenue was 27.8% more than the previous quarter, while its notebook revenue was 19.4% more.

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According to Canalys, the fifth-largest competitor in the PC market, Acer has a 6.4% market share, while Lenovo leads with 22% and Apple is at 11%.

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The pandemic increased the demand for personal computers like desktops, laptops, and notebooks, but this saw a sharp decline in 2022.

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In the U.S., shipments of desktops, notebooks, and workstations also saw a lower decline of just 6% year-on-year to 18.2 million units in the second quarter.

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According to Canalys Principal Analyst Ishan Dutt, this reduced decline promises more improvement in shipment.

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Chromebook demand has improved due to educational institutions receiving a fresh round of federal funding before the licensing cost of ChromeOS increased.

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Acer's products also include electric bikes, scooters, and smart devices, with its manufacturing base in China.

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