Domestic PC sales picked up in the third quarter, fueled by large orders from the government and back-to-school demand, according to a report released by the International Data Corp (IDC) yesterday.
The growth momentum will likely continue into the fourth quarter and early next year, bolstered by various discounts offered during IT Month, a month-long exposition that commences today, and the launch of Microsoft Corp's Windows Vista operating system late next month, the report said.
Shipments of desktops and laptops increased a sequential 26 percent to 705,780 units in the third quarter. On a year-on-year basis, however, the figure still represented an 8 percent fall from the same period last year, IDC said.
The Central Trust of China (
Though affected by the rash of consumer credit card abuse, PC sales still benefited from the back-to-school season in August and September, according to the report.
The rise in notebook computer shipments outpaced industry growth, with laptop sales jumping 42 percent sequentially to 228,404 units in the third quarter, the report said. On a year-on-year basis, however, notebook shipments were down 9 percent from a year ago.
Asustek Computer Inc (華碩電腦) topped the list of notebook suppliers in the last quarter, followed by Acer Inc, Hewlett-Packard Co and Lenovo Group Ltd (聯想), IDC said.
Buoyed by PC shipments' positive performance in the third quarter, investment research firm Merrill Lynch raised its PC unit growth forecast this quarter to 6 percent quarter-on-quarter, up from its previous prediction of 3 percent, it said in a report released yesterday.
The research firm cited improving central processing unit supply for the clone motherboard market for desktop computers from the second half of October and continued strength in notebook computers as the main factors that would push up PC shipments this quarter.
The share prices of major PC vendors are expected to outperform into late this quarter or even up till next quarter with the launch of Vista and Intel Corp's Santa Rosa platform for notebook computers in early second quarter next year, it said.
Shares of Asustek dropped 0.45 percent to close at NT$88.50 on the Taiwan Stock Exchange yesterday, underperforming the benchmark index, which rose 0.61 percent.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film