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Dell forecast fourth-quarter revenue between $24 billion and $25 billion, average analyst estimate is $25.57 billion, according to data compiled by LSEG
Shipment of premium notebooks (>$1,000) grew by 7.6 per cent Y-o-Y, while desktop category declined by 8.1 per cent
The company has also recorded 35 per cent year-on-year growth in the first two weeks of the festival season
Asus holds the fifth spot in the Indian PC segment, with a market share of 7.1 per cent during Q2 this year, down slightly from 7.3 per cent in the year-ago period, as per IDC
Taiwanese tech giant ASUS aims to become India's top PC (personal computer) brand having 25-30 per cent market share in two years, with aggressive retail expansion as one of its key strategies. ASUS has already tripled its market share in India from 6.3 per cent in 2017 to 17.8 per cent in 2023, making it the number two consumer notebook brand in the country, said Arnold Su, Vice President, Consumer & Gaming PC, System Business Group, ASUS India. "It took us six years to triple the market share. Our target is to become the number one brand in the coming two years. And to reach number one, our market share should reach between 25-30 per cent. "We will continue to aggressively expand our retail touch points to ensure that consumers from tier-3 and tier-4 cities can experience ASUS technology without having to travel to metro cities," he said in an interview to PTI. Being one of the largest gaming and consumer PC companies, ASUS understands the need to sustain momentum, he added. Su
The company expects commercial PC momentum to continue, while seeing a slower recovery in the print market
The launch of artificial intelligence (AI) PCs is expected to drive refresh commercial orders from Q3 onwards. However, they may not bring significant consumer demand in the near term
AI devices enable accelerated execution of AI functions of all types on the local PC itself, rather than relying on the cloud
Dasgupta said that AI PCs will be a big growth driver for India, across both commercial and consumer segments, and therefore, a big driver for HP as well
Su claims that Asus has grown between 3-4 per cent in the first half of 2024, ahead of the overall market
The company is confident that 20 per cent of the PC consumer market will be powered by AI by the end of this year
India's personal computer (PC) market is better than the rest of the world and low penetration level of the devices offers a good growth opportunity for the Taiwanese tech major Asus, senior company officials have said. The Taiwanese PC maker has seen positive growth in the Indian market. Asus India consumer and gaming PC vice president Arnold Su told PTI that "India's PC penetration per household is around 10 to 11 per cent. Which means around 90 per cent of Indian households still do not have a PC, which means it is a very good opportunity for us," he said. Su said Asus is continuing to invest in India making its product available across the country. "... If you see today in India, out of 750 districts, we have already covered around 450 districts," he added. Asus general manager for Asia Pacific System Business Unit Peter Chang told PTI that post COVID pandemic, the company has not seen very positive signals in PC demand both globally and in India. "However, this year... the ..
In India, AI PCs could have a high impact on the PC market by bringing content and ease of accessibility in native languages
The PC market had seen a historic decline over the last two years after many consumers, businesses and schools purchased laptops in the early months of the pandemic
Recall on Copilot Plus computers will memorise and save everything that's on a PC user's screen
PC makers are hoping such features will help draw in buyers as more people lean on generative AI for everything from sending emails to planning vacations
New brands coming to India in a month
The traditional PC market in India, comprising desktops, notebooks, and workstations, grew 2.6 per cent to 30.7 lakh units in the March quarter, market research firm International Data Corporation said on Thursday. HP led the personal computer (PC) market with a 30.1 per cent share despite an 8.8 per cent decline in shipments. The company's PC shipment dropped to 9.23 lakh units during the quarter from 10.12 lakh a year ago. Dell Technologies and Acer Group's PC volume shipments market share grew 28.8 per cent each to 17.5 and 15.4 per cent, respectively. The market shares of Lenovo and Asus declined to 15.1 and 5.9 per cent, respectively, during the reported quarter. The share of Lenovo declined 1.3 per cent to 4.64 lakh units from 4.7 lakh while that of Asus declined 8.3 per cent to 1.82 lakh from 1.98 lakh on a year-on-year basis. "The PC market in India is facing challenges in the commercial segment due to reduced PC procurement from the IT and ITES sector and global accounts
The country's imports of personal computers from China dipped 3 per cent to USD 917 million during November-February 2024, according to commerce ministry data. The inbound shipments stood at USD 950.22 million from the neighbouring country during November-February 2023. Similarly, imports contracted about 48 per cent to USD 917 million from China during November 2023-February 2024 as against USD 1.75 billion during July-October 2023, the data showed. Imports of personal computers into India also declined 55 per cent year-on-year to USD 1.06 billion from the world during November-February 2024. On October 19 last year, the government tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere "authorisation" upon detailing quantity and value. The new "import management system" was aimed at monitoring shipments of laptops, tablets, and computers into the country without hurting market supply or creating a ...
'Total addressable market of PC to double in next five years'