Electronics

India PC market shrinks eight % in Q1, HP sells most

With a market share of 28.1 per cent within the first quarter of 2019, HP Inc maintained its management place within the Indian private computing (PC) market, which shrunk for the third straight quarter, the Worldwide Information Company (IDC) stated on Thursday.

The market witnessed a year-on-year (YoY) drop of eight.three per cent with shipments reaching 2.15 million models within the first quarter of 2019, stated the report. Regardless of sustaining its management place available in the market, HP Inc noticed a 9.7 per cent YoY decline, primarily as a result of a client section that shrunk 21.three per cent over the primary quarter of final yr.

Dell Inc retained the second place with a 25.9 per cent market share with a YoY progress of two.2 per cent and a quarter-on-quarter (QoQ) progress of 26.7 per cent. Lenovo remained at third place with a market share of 25.2 per cent in Q1 of 2019 in India conventional PC market, observing a 6.2 per cent YoY progress and a 29.2 per cent sequential progress. The India PC market remained weak outdoors huge business offers as a result of weak client demand, excessive stock from earlier quarters and provide points for Intel chips, IDC stated.

The pocket book class contributing 61.four per cent of the India PC market shipments witnessed a 9.eight per cent YoY decline. Inside notebooks, ultra-slim class, with a 25.three per cent share of the market, grew 86.5 per cent. Spending in the direction of ultra-slim notebooks is rising as a result of elements like improved mobility as a result of thinness of the product and enhanced aesthetics,” Bharath Shenoy, Market Analyst, PCs, IDC India, stated in a press release.

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