> TECHNOLOGY >
SYSTEMS & TOOLS
market fell first time in 10 years
According to preliminary
results from research firm IDC, Asia/Pacific (excluding Japan) client PC
market fell 14 per cent sequentially and 5 per cent year-on-year to reach
17.2 million units in 4Q08. This was the first year-on-year decline in the
region since 3Q98 when the region was suffering from the Asian Financial
Key markets like China did not exhibit as much domestic demand in 4Q08 as
initially expected, thus dragging the regional market below forecasts by 13
per cent. Moreover, a barrage of dismal global economic news over the course
of the quarter further impacted market sentiment and escalated cautiousness
across the region.
"This quarter was quite a jaw-dropper – not just in China, but also in India
where economic and channel issues really took their toll," said Bryan Ma,
Director of Asia/Pacific Personal Systems Research at IDC. "The clouds are
darkening in 2009, although there might be some pockets of shelter in the
region's public sector."
Despite the gloomy economic conditions in 4Q08, the results at the SITEX
show in Singapore were even better than the previous year. In the commercial
space, the private sector was slow, but the public sector managed to bolster
the market, said Reuben Tan, Senior Manager of Asia/Pacific Personal Systems
Research at IDC.
"We believe that the Singapore PC market will continue to slow down and will
only see more activities after the Chinese New Year holidays, especially
with fresh student notebook buying programs in March," Tan added.