your password has been reset successfully, Please login again.

Acer Anticipating A Surge In Revenue In The Indian Gaming Market

Acer expecting increased growth in the domestic Indian market
BY BEx Bureau
BusinessEx
Dec 26, 2018

Acer, a Taiwanese multinational hardware and electronics corporation, is anticipating increased revenue growth in India. The anticipation has been done, owing to the recent digital gaming tournament that is initiated by the company. The aftermath of the tournament showcases three-fold revenue growth of the company in the Indian gaming market.

In an interview, Andrew Hou, president, Pan Asia Pacific at Acer says, The entire company up to November, our gaming revenue doubled; the Asia Pacific grew 2.5 times and India grew three times in revenue. Further, he added, We want to use Predator as a new sub-brand (source: ET)

According to IDC (International Data Corporation), Acer has a 12.1 per cent share in the Indian market presently. So far, the company has sold 48,000 gaming units and 2.8 lakh personal computer in India in the present year. The statistics show that increased sales have helped the company to acquire the fourth position in the domestic computer market.

With the surge in the revenue, Hou, president of Acer, believes that the company will continue to grow in the Indian market, thus, evenly competing Acers biggest market- China. Further, he adds, Gaming is still gaining prominence in India and that leaves a room for bigger growth in that segment.

Please add your Comment
SIMILAR News
March 22, 2019
After the fresh funding round, Bjyu, the private education technology company, has become the fourth ...More
By Jaspreet Kaur
March 22, 2019
Through the current pricing, the company anticipates to garner capital up to INR 25,000 crore ...More
By Jaspreet Kaur
March 20, 2019
The South Korean automotive companies, Hyundai Motors and Kia Motors on Tuesday proclaimed that they ...More
By Jaspreet Kaur
March 20, 2019
On Wednesday’s morning, the shares of the IT sector are trading in the positive spectrum. ...More
By Jaspreet Kaur
March 16, 2019
The smartphone maker, Xiaomi has taken this decision in order to surge the sales ...More
By Jaspreet Kaur
March 16, 2019
Reliance Jio Infocomm Limited, a telecommunications company may release 5G services in the latter ha ...More
By Jaspreet Kaur
March 14, 2019
The investing groups along with Softbank Corp and Toyota Motor Corp are deciding on to endow money u ...More
By Jaspreet Kaur
March 14, 2019
The present deal has ruled out adversaries of OYO that are, Treebo Hotels-financed by SAIF Partners ...More
By Jaspreet Kaur
March 13, 2019
With this move, the conglomerate company has incremented 5-10 points in respect of cost that the com ...More
By Jaspreet Kaur
March 13, 2019
The decision has been taken considering the succession planning idea and owing to which, Rahul Bajaj ...More
By Jaspreet Kaur
March 12, 2019
JMC Projects, an Indian Construction and Engineering Company, revealed that it has accumulated contr ...More
By Jaspreet Kaur
March 12, 2019
By launching daycare facility, BOB has become the first bank amid public sector banks to offer this ...More
By Jaspreet Kaur