Tag: lenovo

  • Xiaomi launches 2-in-1 laptop with Snapdragon 8cx Gen 2

    Chinese company Xiaomi has launched Mi Notebook 12.4 2-in-1 laptop. This is the Chinese variant of Xiaomi Book S 12.4 launched last year. It has Qualcomm Snapdragon 8cx Gen 2 processor. The company has made it available on pre-order in its domestic market China. Specifications of Xiaomi Notebook 12.4 It has a 7W TDP chipset, with a maximum clock speed of 3.15MHz, 8 cores + 8 threads. It has 256 GB storage and 8 GB RAM. It also has a built-in micro SD card port that allows expanding the memory up to 512 GB. It features a 12.4-inch IPS LCD panel that offers a resolution of 2,560 x 1,600 pixels, 16:10 aspect ratio, and a peak brightness of 500 nits. It has been provided with Corning Glass 5 for protection. Its 5 megapixel camera sensor can be used for selfie and video calls. It also has a 13-megapixel camera sensor on the back. This laptop comes pre-installed with an ARM-based version of Windows 11. It has a USB Type-C port, Wi-Fi, Bluetooth 5.1 for connectivity. Its 4,920 mAh battery supports 65 W fast charging. Last year there was a decline of 16 percent in the global market of personal computers (PC). Recession, increase in energy costs and high interest rates are the major reasons behind this. Last year, total shipments in this market were 28.51 crore units. Total shipments of desktops and notebooks were down 29 percent in the fourth quarter to about 65.4 million units. Lenovo holds the first position in the global PC market. After this there are HP, Dell, Apple and Asus. PC sales worldwide increased rapidly during the pandemic about two years ago. However, PC shipments last year have been higher than the period before Corona. The report of market research firm Canalys states that last year, notebook shipments declined by about 19 percent to 22.38 crore units. There was a huge decline of 30 percent in the fourth quarter and its shipments stood at around 5.14 crore units. In terms of market share, Lenovo maintained its first position in the fourth quarter and the full year. The company’s shipments were approximately 1.55 crore units. Last year the market share of this Chinese company was 23.9 percent.

  • India’s PC market grew less than 1 percent last year

    The PC market in the country grew only 0.3 percent last year. However, this market has registered a decline of 28.5 percent in the fourth quarter of last year. This market includes desktops, notebooks and workstations. The notebook category declined by 37.8 percent in the fourth quarter, while desktop shipments increased. According to International Data Corporation (IDC), due to high inflation and weak sentiment, the consumer segment of this market has declined by 27.4 percent and the enterprise segment by 42.6 percent on a year-on-year basis. However, the Government and Education segments have grown by 117.6 per cent and 28.3 per cent respectively. Desktops and workstations recorded growth of 32.3 percent and 24.7 percent on year-on-year basis but there was a decline of 8.4 percent in the notebook category. The premium notebooks category grew by 14.6 percent but the commercial segment was down by 7.9 percent. Shipments through online channels have declined by 9.4 percent last year. HP ranks first in the country’s PC market. Its market share is 30.3 percent but it has declined by 3.2 percent on year-on-year basis. American company Dell is in second place. Its market share is 19.2 percent and it has decreased by one percent compared to last year. China’s Lenovo is in third place. Its market share was 18.9 percent and there was an annual growth of 3.1 percent. It is followed by Acer and ASUS with market shares of 9.9 percent and 6.8 percent respectively. The re-increase in Corona cases in China at the end of last year has affected many industries. This is also likely to affect the launch of new PCs and laptops. The problems of suppliers of companies manufacturing personal computers and laptops in China also increased due to Corona. This will cause delays in shipments, which will impact the availability of products like new laptops. Contract manufacturing firms like Compal, Inventec, Quanta and Wistron did not suffer from shortages of components or workers. They had not asked their suppliers to increase production due to the availability of inventory and the expectation that demand would not be very high in the first quarter.

  • Apple suffered a big blow due to 29 percent decline in global shipments of PC.

    Global shipments of personal computers (PC) declined by 29 percent in the first quarter. The main reasons behind this are weak demand, excess inventory and uncertainty about the state of the economy. Due to this, American company Apple, which manufactures Mac computers, has suffered a big loss. Market research firm IDC reports that global shipments of PC declined to 5.69 crore in the first quarter of this year. It was Rs 8.02 crore in the same period last year. In the last quarter of last year, these shipments had declined by 28.1 percent on a year-on-year basis. Apple’s shipments declined the most in the first quarter by about 40.5 percent. The decline in shipments for Dell was 31 percent. Apart from this, Lenovo, Asustek Computer and HP have also faced decline in shipments in the first quarter. Apple had said in February that sales of its Mac computers had increased rapidly due to work from home during the pandemic. There has been a 29 percent decline in value in the last quarter on a year-on-year basis. IDC said, “The decline in demand has given device makers an opportunity to make changes in the supply chain. Many companies are exploring the possibility of increasing production outside China.” There is a possibility of slowdown in the economies of big countries. Financial crisis in some big banks and increase in inflation may hinder growth and investment. However, iPhone sales have been good for Apple. The number and value of iPhones made in India has increased in the last year. Apple is shifting production from China to diversify its supply chain and due to this the production of the company’s devices has increased in India. Recently, Counterpoint reported that shipments of iPhones manufactured in India increased by 65 percent last year on a year-on-year basis. Apart from this, the value of iPhone has increased by 162 percent. Last year, Apple’s share in the total shipments of smartphones from India was about 25 percent. About 85 percent of the iPhones sold worldwide are manufactured in China. However, this may reduce due to Apple’s efforts to shift its manufacturing out of China.

  • HP suffered a blow due to weak demand for PC, Laptop, 29 percent decline in sales.

    HP, one of the big computer devices companies, has been shocked by the slowdown in the personal computer market. In the first quarter of the current year, the sales of the company’s personal systems segment (desktop and notebook PC) have declined by 29 percent. There was a decline of about five percent in the printing segment of the company. Market research firm IDC has reported that global PC shipments declined by approximately 30 percent in the first quarter. There was a strong increase in demand for companies like HP, Lenovo and Dell during Corona. The main reason for this was the increase in sales of laptops and other electronic devices due to the staff of many companies working from home. In the last few months, sales of devices like laptops have declined due to most companies calling workers back to office. HP expects revenue to grow in the second half of the current year. “The second half will be better from a consumer demand perspective,” Enrique Lores, the company’s CEO, told Reuters. The company’s revenue in the last quarter was $12.91 billion. Analysts had estimated it to be a little more than $13 billion. However, the company’s net income increased to $1.1 billion. It was one billion dollars in the same period last year. Global shipments of PC declined to 5.69 crore in the first quarter of this year. It was Rs 8.02 crore in the same period last year. In the last quarter of last year, these shipments had declined by 28.1 percent on a year-on-year basis. Apple’s shipments declined the most in the first quarter by about 40.5 percent. The PC market in India grew only 0.3 percent last year. However, this market has registered a decline of 28.5 percent in the fourth quarter of last year. This market includes desktops, notebooks and workstations. The notebook category declined 37.8 percent in the fourth quarter, while desktop shipments increased. HP ranks first in the country’s PC market. Its market share is more than 30 percent. Last year, the global market for personal computers had declined by 16 percent. Recession, increase in energy costs and high interest rates were the major reasons behind this.

  • Amazon Prime Day Sale 2023: Best deals on laptops, discounts up to Rs 29,000

    Amazon Prime Day 2023 sale has started for Prime members in the country. This two-day sale will run till July 16. In this, attractive discounts are being given on many products. Apart from this, you can also get additional discount on selected products by purchasing through ICICI Bank and SBI Bank cards. Here we are giving you information about some of the best deals on laptops. Dell Vostro 3420This laptop was launched earlier this year with an Intel Core i5 processor. It has 8 GB RAM and 512 GB inbuilt storage. The resolution of its 14 inch LED display is 1,920 x 1,080 pixels. It has Windows 11 pre-installed. Its price is Rs 69,211 and it can be purchased for Rs 49,990 in the Prime Day sale. It is available in black color. Buy Now: Rs 49,990 (MRP Rs 69,211) HP 15s (fq2673TU) This laptop from HP, one of the largest computer makers, has a 15.6 inch micro-edge anti glare full HD (1,920 x 1,080 pixels) display. It has Intel Core i3 as its processor. It is available in silver color. Its listed price is Rs 50,697 and you can buy it in Amazon Prime Day sale for Rs 37,999. Buy Now: Rs 37,999 (MRP Rs 50,697) Lenovo IdeaPad Slim 3 2022 Launched last year, this laptop has an 11th Gen Intel Core i3 processor with integrated UHD graphics. This is a slim and lightweight laptop. It has a 14-inch anti-glare Full HD (1,920 x 1,080 pixels) display. Its weight is approximately 1.41 kg. Buy Now: Rs 35,990 (MRP Rs 61,390) Honor MagicBook 14 (AMD Ryzen 5) This laptop has an AMD Ryzen 5 5500U processor with integrated Intel UHD graphics coprocessor. The resolution of its front cam is 720 pixels. It has an anti-glare IPS LED display with a resolution of Full HD (1,920 x 1,080 pixels). Its listed price is Rs 65,999 and it can be purchased in the Prime Day sale for Rs 36,990. Buy Now: Rs 36,990 (MRP Rs 65,999) Asus Vivobook 16X This laptop comes with AMD Ryzen 5 processor and Radeon Vega 7 integrated graphics processor. . It has a 16 inch full HD (1,920 x 1,080 pixels) display. It can be purchased in Quiet Blue and Transparent Silver colors. Its price is Rs 68,990 and it is available in Amazon Prime Day sale for Rs 46,990. Buy Now: Rs 46,990 (MRP Rs 68,990)
  • Laptops and PCs will not come to India from abroad, government is trying to increase local manufacturing.

    The import of laptops, personal computers, and tablets has been banned in the country. The central government has taken this decision to increase local manufacturing. This can have a big impact on the import of laptops and personal computers from China. The import of electronics in the country during April to June was approximately $19.7 billion. This included laptops, personal computers and tablets. In this regard, it has been said in the notice issued by the government on Thursday, “Import will be allowed on valid license for limited import.” The share of electronics in the country’s total merchandise imports is 7 to 10 percent. Ali Akhtar Jafri, former director general of MAIT, an organization associated with the electronics industry, said, “The objective of this decision is to increase manufacturing in the country.” Through production-linked incentives, the government is trying to increase local manufacturing in more than two dozen sectors including electronics. The government has extended the deadline to apply for a $2 billion manufacturing incentive scheme to attract large investments in IT hardware manufacturing, including laptops, personal computers, tablets and servers. This scheme is important to make the country a major force in the global electronics supply chain. The government aims to increase the annual production of electronics to $300 billion by 2026. Big companies selling laptops in the country include Apple, Dell, Lenovo and HP, Acer, Samsung and LG. A large number of laptops are imported from countries like China. Madhavi Arora, economist at Emkay Global, said the decision appears to be aimed at curbing large-scale imports of certain goods. The share of laptops, personal computers and tablets in the country’s total imports is about 1.5 percent. About half of these are purchased from China. The government had earlier increased tariffs on products like mobile phones to promote local manufacturing. Global PC shipments declined nearly 30 percent in the first quarter. There was a strong increase in demand for companies like HP, Lenovo and Dell during Corona. The main reason for this was the increase in sales of laptops and other electronic devices due to the staff of many companies working from home. Sales of devices like laptops have declined due to most companies calling workers back to office.

  • Lenovo suffered a big blow due to decline in PC sales, 24 percent decline in revenue.

    China’s Lenovo has suffered a major setback due to the decline in demand for personal computers (PC). The company’s revenue declined by 24 percent in the June quarter. The world’s largest PC maker is facing decline in sales for four consecutive quarters. The company’s profit was 14 percent less in the last financial year. Lenovo’s revenue in the June quarter was $12.9 billion. After this the share price of the company has decreased by six percent. There was a significant increase in electronics sales during Corona as customers and companies purchased a large number of PCs to shift to remote work. However, last year the company’s revenue started declining due to decrease in demand due to increase in interest rates and increase in inflation. The pace of recovery in PC demand is weak and many retailers are left with unsold inventory. This has forced PC makers and their suppliers to adjust production volumes and rates. There was a 29 percent decline in global shipments of PC in the first quarter of this year. Due to this, American company Apple, which manufactures Mac computers, suffered a big loss. Market research firm IDC reported that global shipments of PC declined to 5.69 crore units in the first quarter. It was Rs 8.02 crore in the same period last year. In the last quarter of last year, these shipments had declined by 28.1 percent on a year-on-year basis. Apple’s shipments declined the most in the first quarter by about 40.5 percent. The decline in shipments for Dell was 31 percent. Apart from this, Lenovo, Asustek Computer and HP also faced decline in shipments in the first quarter. Apple had said that sales of its Mac computers had increased rapidly during the pandemic due to work from home. There has been a 29 percent decline in value terms in the first quarter on a year-on-year basis. IDC had said, “The decline in demand has given device makers an opportunity to make changes in the supply chain. Many companies are exploring the possibility of increasing production outside China.” There is a possibility of slowdown in the economies of big countries. Financial crisis in some big banks and increase in inflation may hamper growth and investment.