Chinese PC vendor Lenovo Group Ltd (聯想) yesterday said it aims to increase its total desktop and laptop shipments to Taiwan at a double-digit percentage rate this year from last year by selling more two-in-one detachable notebooks and convertible models.
The company said it had set its eyes on Taiwanese enterprises, especially small and medium-sized businesses, for its Yoga-series convertible Ultrabooks, as more people bring their devices to their workplaces, Lenovo Taiwan general manager Justin Liang (梁百鋒) told reporters at a corporate event in Taipei.
GARTNER’S VIEW
The world’s largest PC brand solidified its leading position in the January-to-March quarter, with a 10.9 percent annual increase in global shipments following 6.6 percent growth the previous quarter, Gartner Inc said in its latest report on Wednesday.
Lenovo’s global market share reached 16.9 percent last quarter, compared with 18.3 percent the previous quarter and 14.9 percent a year earlier, according to Gartner’s tallies.
Overall, Gartner’s data showed global PC shipments contracted 7.6 percent quarter-on-quarter and 1.7 percent year-on-year to 76.6 million units last quarter.
MICROSOFT IMPACT
Analysts said those results indicated a decelerated slowdown compared with previous quarters due to Microsoft Corp ending its technical support for Windows XP this month.
Lenovo said Microsoft’s move would create strong replacement demand for either commercial or consumer PC models this year.
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Advanced Micro Devices Inc (AMD) suffered its biggest stock decline in more than a month after the company unveiled new artificial intelligence (AI) chips, but did not provide hoped-for information on customers or financial performance. The stock slid 4 percent to US$164.18 on Thursday, the biggest single-day drop since Sept. 3. Shares of the company remain up 11 percent this year. AMD has emerged as the biggest contender to Nvidia Corp in the lucrative market of AI processors. The company’s latest chips would exceed some capabilities of its rival, AMD chief executive officer Lisa Su (蘇姿丰) said at an event hosted by
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TECH JUGGERNAUT: TSMC shares have more than doubled since ChatGPT’s launch in late 2022, as demand for cutting-edge artificial intelligence chips remains high Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday posted a better-than-expected 39 percent rise in quarterly revenue, assuaging concerns that artificial intelligence (AI) hardware spending is beginning to taper off. The main chipmaker for Nvidia Corp and Apple Inc reported third-quarter sales of NT$759.69 billion (US$23.6 billion), compared with the average analyst projection of NT$748 billion. For last month alone, TSMC reported revenue jumped 39.6 percent year-on-year to NT$251.87 billion. Taiwan’s largest company is to disclose its full third-quarter earnings on Thursday next week and update its outlook. Hsinchu-based TSMC produces the cutting-edge chips needed to train AI. The company now makes more
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