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Acer expects 40% growth in Chromebook shipments in 2021
The main consumers of so-called “Chromebooks” in many countries have become both educational institutions and parents of students, since distance learning has become entrenched against the backdrop of the pandemic. According to market participants, even next year the segment will demonstrate tens of percent growth, but for now, demand exceeds supply by three times.
Image Source: Nikkei Asian Review
In the first half of this year, the volume of shipments of Chromebooks grew by 24%, as noted by IDC. Jerry Yu, Corporate Senior Vice President of MediaTek, told Nikkei Asian Review that the company sees great potential in the Chromebook market, and therefore intends to expand the range of offered performance processors suitable for installation in this kind of computer devices. This year, according to MediaTek estimates, the Chromebook market will grow by one and a half times.
Optimism is shared by representatives of Acer – the largest manufacturer of Chromebooks. Even next year, according to CEO Jason Chen, demand for Chromebooks will grow by 40%. Acer’s core business posted 94.4% YoY revenue growth in Q3. At first, the company assumed that the growth in demand for Chromebooks would be temporary, but now it has become clear that this is a long-term trend. Acer management even receives letters from officials in Europe urging the company to increase its supply of these devices for the needs of the educational system. Now Acer can satisfy no more than a third of the market demand for Chromebooks due to a significant shortage of individual components.