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.