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
May 22, 2019
Spinny will be deploying the fresh capital to widen its footprint in Bengaluru. ...More
By Jaspreet Kaur
May 22, 2019
Edelweiss Insurance Brokers, a subsidiary of Edelweiss Financial Services, will sell a small portion ...More
By Jaspreet Kaur
May 21, 2019
According to the strategic partnership, Padukone will possess equity in the company ...More
By Jaspreet Kaur
May 21, 2019
Livspace will be utilizing funds in various domains such as in creating novel home interior solution ...More
By Jaspreet Kaur
May 20, 2019
The Indian infra firm, IL&FS (Infrastructure Leasing and Financial Services) proclaimed that Japanes ...More
By Jaspreet Kaur
May 18, 2019
 Nippon Life will disburse nearly INR 4,484 crore to obtain a major stake of Reliance Capital in the ...More
By Jaspreet Kaur
May 18, 2019
Brookfield Asset Management’s CEO wishes Howard Marks, Co-founder of Oaktree Capital, to continue do ...More
By Jaspreet Kaur
May 15, 2019
Innoven Capital proclaimed that the company obtained an extra $200 million capital investment from s ...More
By Jaspreet Kaur
May 15, 2019
National Mineral Development Corporation Ltd (NMDC), government-owned mineral producer plans to inve ...More
By Jaspreet Kaur
May 14, 2019
Global PayEx proclaimed that JP Morgan has done strategic investment in the company so the company c ...More
By Jaspreet Kaur
May 14, 2019
With the investment in Simi Reality Motion, ZF will increase in proficiency beyond the current occup ...More
By Jaspreet Kaur
May 13, 2019
SRF has proclaimed that will sell its engineering plastics entity to DSM for INR 320 crore ...More
By Jaspreet Kaur