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Technology Stocks : HS - CHS Electronics

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To: Lee who wrote (227)11/11/1997 11:45:00 AM
From: Colby  Read Replies (1) of 1494
 
Here is some more encouraging news.

Q3 1997 Results Post Shipments 32 Percent Over Same Period Last Year
MOUNTAIN VIEW, Calif., Nov. 11 /PRNewswire/ -- Preliminary findings from
International Data Corporation's Latin America Quarterly PC Market Tracker
show regional desktop and notebook PC shipments of 935,000 for the third
quarter of 1997. The regional PC market grew by 32 percent over Q396,
representing a better performance than the 29 percent year-on-year growth
registered in Q297. Expansion in each of the region's largest country markets
supported this rapid growth.
Venezuela and Chile led the region in shipment growth with 53 percent and
49 percent, respectively. While the rapid growth in Venezuela is partially
attributable to recovery from the country's banking crisis, Chile's economy
has been relatively stable. "The growth in Chile's market must be understood
in the context of government efforts to control inflation in Q396, which
slowed the market. Nevertheless, year-to-date shipments in Chile are up a
solid 30 percent," said Loren Loverde, IDC's senior Latin America PC analyst.
Results in Argentina were similar to those in Chile in that shipments
were up a substantial 42 percent versus a slow Q396. In Mexico shipments
increased by 32 percent versus a year ago as the country continued its
recovery from the December 1994 Peso Crisis. In Brazil, the region's largest
market, shipments were up 26 percent versus Q396, and up over 16 percent from
Q297, continuing a year of solid growth.
The Colombian market experienced the slowest growth of the six major
country markets in Latin America. While shipments declined by four
percent versus Q297, total shipments were up more than 21 percent
versus Q396, with year-to-date shipments also up more than 20 percent.
Combined, the top five vendors continued to represent roughly 45
percent of total desktop and notebook PC shipments in Latin America.
Additional highlights include:
-- IDC Latin America's preliminary numbers show Compaq gaining ground as
the market leader with more than 16 percent of regional shipments. Compaq has
established a strong position in all of the top markets and a significant lead
versus its closest competitors in many countries, most notably in Brazil,
Colombia, and Venezuela, where total shipments approach or exceed twice those
of its nearest competitor.
-- IBM began to shore up its declining share by refocusing on the
corporate market. The company remained in second place with its share of
shipments slipping by 0.1 percent to 10.4 percent.
-- Acer lost ground throughout the region. Although regional shipments
were up 13 percent versus a year ago and six percent versus the prior quarter,
the company's regional share declined to 9.3 percent for the quarter.
-- Fourth ranked Hewlett-Packard continued to gain ground as a result of a
strong performance in Mexico. HP boosted its shipment share by a point to 6.9
percent.
-- Brazilian vendor, Itautec, moved back into fifth as Apple fell out of
the top five.
IDC reports quarterly on the personal computer (desktops, notebooks, and
servers) market in Latin America. Each report series provides an overview of
key issues and regional market data comparisons. The country reports
contained in the quarterly report series include Argentina, Brazil, Chile,
Colombia, Mexico, and Venezuela. IDC market segmentation, vendor market
shares, forecasts, and political, economic, and IT market analyses can be
found in each of the six individual country reports in the series. The
research can be purchased by contacting Loren Loverde at 650-962-6470.
With a network of six country offices in Latin America and regional
offices in Silicon Valley, Calif. and Miami, IDC provides full market
coverage of PCs, mainframes, Unix systems and workstations, servers, desktop
printers, professional services, local area networks, the Internet, RDBMS
software, distribution channels, NT, and IT spending patterns in
Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela. An IT
series was recently added for Peru, Ecuador, and seven Central American
countries. International Data Corporation is the leading supplier of IT
market information on Latin America.
About IDC
Headquartered in Framingham, Mass., International Data Corporation
provides IT market research and consulting to more than 3,900
high-technology customers around the world. With a global network
of 300 analysts in more than 40 countries, IDC is the industry's
most comprehensive resource on worldwide IT markets, products, vendors,
and geographies.
IDC/LINK, an IDC subsidiary, researches and analyzes the home computing
market, leading-edge technologies in telecommunications and new media,
and the convergence of computing and consumer electronics.
IDC's World Wide Web site (http://www.idc.com) contains additional company
information and recent news releases, and offers full-text
searching of recent research.
IDC is a division of International Data Group (IDG), the world's
leading IT media, research and exposition company.
All product and company names may be trademarks or registered
trademarks of their respective holders.
CO: International Data Corporation; International Data Group
ST: California, Massachusetts
IN: CPR
SU: ECO

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Colby
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