To: Mohan Marette who wrote (97238 ) 2/11/1999 11:05:00 AM From: Mark Peterson CPA Read Replies (1) | Respond to of 176387
If this hasn't already been posted, FYI. IDC: Asian PC Market Returns to Pre-Crisis Levels in 4-Q Framingham, Mass.-Feb. 11-FWN--Fourth-quarter personal computer (PC) shipments in the Asia/Pacific region increased 7% from the same period a year earlier and over 11% from third-quarter 1998, International Data Corporation (IDC) said today. The results signal a rebound in many regional markets as shipments increased annually for the first time in 1998, IDC said. Total regional PC shipments amounted to 2.89 million units in fourth-quarter 1998, which is the highest total ever for the regional PC market. Despite the positive indications at the end of 1998, PC shipment growth for the entire year was still negative. According to preliminary findings, IDC said 10.47 million PCs were shipped in 1998 compared to 10.54 million units in 1997, a decrease of 0.6%. Nevertheless, the worst is likely behind the regional PC market after a year of economic, social and political turmoil. In 1999, IDC forecasts the regional market to recover from its poor performance in 1998 as annual shipment growth is expected to exceed 14%. "With the fourth-quarter results, there is reason for guarded optimism looking toward 1999," said Kitty Fok, research manager at IDC Asia/Pacific. "If market conditions in China, India and Australia remain healthy, the regional PC market should generate solid gains in 1999 producing the highest annual shipment total to date for the regional market." Competitively, Compaq will finish the year on top of the regional PC market with 8.5% market share. Compaq was trailed by IBM with an 8.1% market share, while Legend and Hewlett-Packard tied for third place, both with 5.4% market share. Acer managed to edge out Samsung for the fifth place position with 4.7% share. The greatest gains among competitors in 1998 were made by Legend and Dell with annual unit shipment increases of 73.4% and 45.9%, respectively. Legend's growth was fueled by its dominance in the Chinese PC market which accounted for 37.5% of the regional market in 1998. Dell's gains were distributed throughout the region as the direct model gained acceptance in many Asian markets. Results from the fourth quarter will help set the competitive environment for the PC market in 1999, according to IDC. In fourth-quarter 1998, IBM replaced Compaq as the leading regional vendor while Legend planted itself firmly as the region's third largest vendor, pushing Hewlett- Packard to the fourth-place position. Legend and Dell continued to lead the market in growth terms, but Apple also produced solid growth for the second straight quarter due largely to the success of its iMac product line. Mark A. Peterson