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. This is a decline of approximately 29 percent on a year-on-year basis. HP stood at the second position with shipments of about 1.32 crore units. The company’s sales have declined by 29 percent in the fourth quarter. HP’s market share was 19.4 percent. Dell has suffered the most in terms of sales. The company’s sales declined by about 37 percent to 1.08 crore units. Last year the market share of this American company was 17.4 percent. The global smartphone market is also suffering losses due to the slowdown. Due to this, global production of smartphones has decreased in the third quarter of the current year. The smartphone industry had produced about 289 million units between July and September. This was a decrease of 0.9 percent compared to the second quarter and almost 11 percent on an annual basis. South Korea’s Samsung retained its first position in smartphone manufacturing. American smartphone company Apple was in second place and China’s Xiaomi was in third place.
Tag: slowdown
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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.