IDC: PH PC market shrank in Q4 2022 as weak demand continues

The Philippines' PC market shrank in the last quarter of 2022 due to continuing weak demand, the International Data Corporation reported.

The market declined across notebooks and desktops. Household consumption was largely fulfilled and refocused on other spending activities geared toward the holiday season. Macroeconomic pressures further drove inventory rationalization among vendors, IDC Philippines Associate Market Analyst Jeeno Velasco said.

Demand for desktops and the influx of company workers required to report back to work should have increased shipments for the corporate sector, but this didn't pan out. Economic issues such as rising inflation, higher interest rates, and a looming recession from abroad dampened corporate spending, especially for business process outsourcing companies, Velasco explained.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Globe named ‘Best Corporate Governance Company’ in PHL telecom industry at 2022 International Finance Awards | BMPlusLeading digital solutions platform Globe has been recognized by International Finance as the winner in the category 'Best Corporate Governance Company - Telecom - Philippines 2022.' Globe was the only local organization and telco to receive an award.  International Finance is a premium business and finance magazine published by the…
La source: BusinessMirror - 🏆 19. / 59 Lire la suite »