Friday, October 31, 2014   

Lenovo has edge, but Asia-wide computer sales tumble
(01-21 13:24)

Sales of personal computers fell 10 percent in the Asia Pacific last year due to sluggish economic growth and competition from mobile devices, an industry analyst said.
International Data Corporation said sales of PCs fell to 108 million units in the Asia Pacific outside Japan, marking the region's first annual double digit decline.
“The economic sluggishness in big emerging markets in the region adversely affected buying sentiment,'' IDC said.
“On the consumer side, smartphone and tablet distractions spread throughout the region this year, further contributing to the sharp decline in the PC market.''
Lenovo retained its top spot last year with a market share of 24.9 percent, although sales fell 9.5 percent year-on-year due to a slump in its home market China, IDC said.
Hewlett-Packard ranked second place with a market share of 10.5 percent, up from 8.9 percent as sales grew due largely to an education project in India.
Dell was in third spot with a 9.4 percent market share, as sales dipped 2.8 percent on a weaker China market.
It was trailed by Taiwan's Acer and ASUS with a market share of 8.1 percent and 6.9 percent, respectively, according to IDC.
The decline in sales was sharpest for the Taiwan PC makers.—AFP
   
Other Business breaking news:
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)
German jobless total falls in October (10-30 17:23)
VW confirms full-year targets after 'robust' Q3 (10-30 16:58)
Spanish economy expands by 0.5% in Q3 (10-30 16:58)
European stocks advance at open (10-30 16:57)
Hang Seng finishes lower (10-30 16:35)
Lufthansa cuts 2015 forecast on global economic slowdown (10-30 16:05)
Bayer raises forecasts for 2014 after strong Q3 (10-30 16:04)
NEC rebounds from losses on smartphone exit (10-30 15:25)

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