Acer Gaming Inc (宏碁遊戲), an exclusive sales agent of Sony Group Corp’s PlayStation 5, reported revenue of NT$1.31 billion (US$42.44 million) for the first eight months of the year, up 31.6 percent from a year earlier, as demand for game consoles remained resilient despite tight supply.
Net profit in the first half of the year increased 37 percent year-on-year to NT$18.66 million, company data showed.
Founded in 2020, the company, a 62 percent holding of Acer Inc (宏碁), is today making its debut on the Emerging Stock Board. It has set an initial public offering price of NT$32 per share, local media reported.
Photo courtesy of Fubon Securities Co
While demand for PlayStation 5 has been robust since its launch in November 2020, its supply has been affected by a shortage of components, notably chips, Fubon Securities Co (富邦證券) said.
PlayStation 5 global sales hit 10 million units by July last year, surpassed 20 million by May this year and it could become the best-selling Sony game console once the chip shortage is solved, Fubon Securities said.
Sales of the popular PlayStation 2 have hit 117 million worldwide to date, it added.
Aside from selling gaming devices and providing e-sports services, Acer Gaming aims to extend its business scope after its board of directors last month approved a plan to invest NT$640 million in Taipei-based content developer Winking Corp (唯晶).
Winking provides art outsourcing and game development services to game publishers, with clients including 18 of the world’s top 25 game publishers, the company’s Web site showed.
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