To: Fred Fahmy who wrote (41206 ) 12/1/1997 8:54:00 AM From: greenspirit Read Replies (1) | Respond to of 186894
Hi Fred and ALL...Article...Asia/Pacific PC Market Grew 18 Percent in Q3 December 1, 1997 (BOSTON) -- Despite the currency problems in Southeast Asia and the economic slump in Korea, PC shipments in the Asia/Pacific region reached 2.2 million units in the third quarter of 1997, up 18 percent over the same period last year, according to Dataquest Inc. Analysts at Dataquest, a market research company, attributed the region's strong growth to China, which led all countries, with personal computer shipments surpassing 608,000 units, up 60 percent over the same quarter in 1996. "Demand in China continued to be fueled by its strong economy, which remains undisturbed by the currency crisis," said Cherry Velarde, PC industry analyst at Dataquest. "More than 27 percent of total units sold in the region went to China alone, consistent with its growing influence as the leading volume market in the Asia/Pacific, excluding Japan, since the second quarter of this year." Compaq Computer Corp., which was the No. 1 vendor in the Asia/Pacific for eight consecutive quarters, fell to the No. 2 slot, and Samsung Electronics Co., Ltd. moved into the top position. Acer Corp. was third (see table). Despite the economic downturn in Korea, much of Samsung's growth was attributed to its success in its home market, Dataquest said. While China led the region in growth, other countries also made strong showings. Taiwan grew 36 percent, Singapore 26 percent, Hong Kong 16 percent and Australia 10 percent. The currency crisis had a strong impact on PC markets in Southeast Asia during the quarter, Dataquest said. "The Indonesian and Thai PC markets were the worst hit, both experiencing dramatic reductions in purchasing from the corporate sector," said Bruce McCabe, senior industry analyst in Dataquest's Asia/Pacific Personal Computer program. "Shipments were actually down approximately five percent on the same period last year -- a first for both countries." Growth in the Malaysian PC market also was inhibited by currency devaluation and the resulting price rises, but shipments still were up 18 percent over the third quarter of 1996. ______________________________________________________________________ ______________________________________________________________________ Regards, Michael