Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Syd Deem who wrote (47147)	7/15/1999 1:29:00 AM
From: DJBEINO	Respond to of 53903

Report: Japan PC sales to jump 25 percent By Bloomberg News Special to CNET News.com July 14, 1999, 8:55 p.m. PT TOKYO--Japan's domestic shipments of personal computers will probably jump a greater-than-expected 26 percent in 1999, the first gain in three years, according to a research report. Fueled by a surge in demand from individual users seeking access to the Internet, Japan's largest PC makers--including NEC, Fujitsu, IBM Japan, Toshiba, and Hitachi--will probably ship a record 9.983 million PCs in calendar 1999, up from 7.926 million machines in 1998, said IDC Japan. That's 14 percent higher than IDC forecast in March and the second time since January it has raised its estimate. Leading the growth will be models such as Apple's iMac and Sony's slim-line Vaio notebook, used by individuals wanting access to the Internet and email, said the research company. Consumer PC demand will leap 56 percent to 4.126 million PCs, substantially driving the market. Demand will continue to grow "as the Internet becomes an indispensable part of people's everyday lives," IDC said. Corporate sales are also growing, albeit at a slower pace, after the government in April raised the limit on the value of information technology purchases on which companies don't have to pay tax. The move raised to 1 million yen ($8,196) from 100,000 yen the threshold for technology purchases on which companies don't have to pay tax, making PCs more affordable. IDC forecasts corporate demand, which slumped in 1998 and 1997 as companies cut capital spending on technology amid Japan's worst recession in 50 years, will increase 11 percent to 5.857 million units. "The domestic economy still hasn't completely recovered, though, and the business market is still sluggish compared to the individual market," IDC said. IDC forecasts overall shipments will rise a further 11.5 percent to 11.13 million machines in calendar 2000. Copyright 1999, Bloomberg L.P. All Rights Reserved. news.com