To: D. Swiss who wrote (83634 ) 12/8/1998 11:53:00 AM From: Mohan Marette Read Replies (2) | Respond to of 176387
<Asia-Pacific> Pc market recovery imminent-IDC [Good news guys] Drew: How'bout that,eh? ----------------------------------------------------------------Asia-Pacific PC Market Recovery Imminent Says IDC 08 Dec 1998, 12:18 AM CST By Adam Creed, Newsbytes. FRAMINGTON, MASSACHUSETTS, U.S.A., Although shipments of personal computers are down on the same time last year, the market is performing better than forecast and this could signal a recovery, according to preliminary research from International Data Corp. (IDC). Asia-Pacific (excluding Japan) PC shipments declined 2.3 percent in the third quarter of 1998 compared to the same quarter in 1997. The total of 2.56 million units was a better result than for any earlier quarter in 1998 and an improvement on IDC's previously forecast 3.1 percent decline. IDC predicts stronger demand for PC products in the fourth quarter and into 1999, driven by strengthening regional currencies and stock markets. Shipments for Q4 are expected to increase 5 percent over Q4 1997, while shipments for 1999 are forecast to increase 16 percent over 1998. "After one year of turmoil, the regional PC market is showing some signs of life as we look toward 1999," said Brian Kornegay, research manager at IDC Asia-Pacific. "While we are not ready to proclaim a full-fledged recovery, the worst could be behind the regional PC market as a degree of stability returns to the region." Compaq retained the number one vendor position with an 8.6 percent market share, although volumes dropped as some Digital business faded. IBM retained second spot. Legend replaced Hewlett-Packard in third place as 75 percent annual shipment growth from its strong position in the Chinese market brought it a 5.8 percent share. Hewlett-Packard saw strong growth as well from gains in Australia, New Zealand and China, a 25 percent annual shipment jump, but Legend's strong gains pushed it to fourth spot. Acer retained fifth place. IDC found the harshest market conditions were still in Southeast Asia and Korea, with Indonesia leading the poor performers with an 82 percent decline in shipments compared to the year-earlier period. Thailand, Malaysia and Korea followed with declines of 44 percent, 27 percent and 35 percent respectively. China and India made up for the region's poor performers with shipments increasing by 28 percent and 24 percent respectively. India's growth was supported by the home and small business PC sectors. IDC also found Australia, New Zealand and Taiwan registered good growth in the quarter. (19981208 /WIRES ASIA, PC/PCGROWTH/PHOTO) (courtesy:newsbytes)