Global PC market shrinks 29 pc in Q1 over poor demand, global meltdown
The Statesman|April 11, 2023
Weak demand, excess inventory and a worsening macroeconomic climate resulted in the global shipments of traditional PCs recording 56.9 million in the first quarter of 2023, a huge 29 per cent drop compared to the same quarter last year, a report has shown.
Global PC market shrinks 29 pc in Q1 over poor demand, global meltdown

Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Technologies at 16.7 per cent.

Shipment volume in the Q1 2023 was noticeably lower than the 59.2 million units shipped in Q1 2019 and 60.6 million in Q1 2018, according to the preliminary results from the International Data Corporation (IDC).

"Though channel inventory has depleted in the last few months, it's still well above the healthy four to six-week range," said Jitesh Ubrani, research manager for IDC's Mobility and Consumer Device Trackers.

This story is from the April 11, 2023 edition of The Statesman.

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This story is from the April 11, 2023 edition of The Statesman.

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