WS,
The reason I said it is the PC business drive the component business is because the BTO business model conducted by those PC makers which force those component vendors to build up big invenory to meet the requirement of the BTO business model conducted by box makers. If you can't fulfill the on time delivery policy, then I will place order to those component suppliers who can, that is the reason why you see disk driver manufacturers, INTEL, and other component suppliers all end up with big inventory problems. The burdern of inventory has been shiftted from box makers to the component suppliers and contract assemblers.
For inventory of PC makers, it is pure their mistake in prediction, some has aggressive prediction, some has fully conduct the BTO business models , so you see HWP, CPQ, IBM, DELL, CPQ all have very different inventory level, some had more and some less, and it
is all individual box maker's error in prediction , and of course it can be corrected very quickly!!!! |
