A Reuters study showed that Acer, following a public announcement of the suspension of business in the Russian Federation, continued to supply “a limited number of displays and accessories for daily civilian use.” 744 shipments totaling more than $70 million cleared customs.

Acer delivered more than $70 million worth of monitors and components to Russia in one year

According to “customs records obtained from a trade data provider” obtained by Reuters, Acer sold “at least $70.4 million worth of computer equipment to Russia between April 8, 2022 and March 31, 2023.”

Deliveries were made primarily through delivery services used by the Swiss subsidiary of Acer Sales International SA. The representative office does not comment on the situation, as well as the Ministry of Industry and Trade of Russia and the State Secretariat for Economic Affairs of Switzerland.

Acer, which along with HP, Dell, Microsoft, Intel, Nvidia and others announced their withdrawal from the Russian market in April 2022, says they are acting strictly “while enforcing international sanctions.”

“We strictly adhere to applicable international standards and trade laws regarding exports to Russia,” the company says, adding that products may arrive in Russia from third countries.

According to IDC Russia, in the fourth quarter of 2021, Russian sales of Acer computers and components accounted for 18.5%, while for HP and Dell this percentage for two was 20.8%, recalls ArsTechnica.

According to Acer’s financial reports, in dollar and cent terms, the company’s sales volume from April 8, 2022 to March 31, 2023 decreased 71.1% year-on-year and from 3,735 shipments to 744. And while these figures show a decrease in the presence in the Russian Federation, many clients after the Reuters study already speak of the loss of confidence in the firm.

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Author:

Ekaterina Alipova

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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