Electronics Production | March 06, 2009
Credit crisis finally impacts PC Market in Q4
The credit crisis came home to roost for the global PC market in the 4Q/2008, ending a sustained period when sales seemed to defy economic gravity, according to iSuppli.
“Although consumers around the world started to feel the full impact of the credit crisis in the third quarter of 2008, this phenomenon didn’t negatively impact PC sales,” observed Matthew Wilkins, principal analyst for compute platforms at iSuppli. “However, by the fourth quarter, even the PC market succumbed to economic reality, with shipments declining by 1.5 percent compared to the third quarter.” Global PC shipments amounted to 77.9 million units in the fourth quarter of 2008, down from 79.1 million in the third quarter. “The impact of the credit crunch is clearly apparent in the PC shipments, given that the historical average for sequential fourth-quarter PC growth is in the region of 10%,” Wilkins added. The sequential decline in shipments is a factor of the limited availability of credit, for both businesses and consumers. As a result, the money that is available must be used sparingly, leaving less for PC purchases.” Notebooks drive growth Despite the lower-than-expected performance of the PC market in the fourth quarter, full-year 2008 shipments yielded impressive growth of 11.6%, reaching 299.4 million units, up from 268.4 million in 2007. This compares to 12.4% growth in 2007. The strong rise in 2008 PC shipments was entirely generated by strong demand for notebooks. Notebook PC unit shipments rose by 35% in 2008, up from 30% in 2007. Meanwhile, desktop PC shipments declined by 4% in 2008, compared to 3% growth in 2007. “In the PC market, mobility is king,” Wilkins said. “This is because the prices, features, performance, and convenience of mobile PCs are striking a chord with both consumer and business users. The results in 2008 illustrate what is likely to happen for years to come—declining sales of desktops and rising volume for notebooks.” Global notebook PC shipments exceeded those of desktops on a quarterly basis for the first time ever in the third quarter of 2008, marking a watershed event in the history of the industry. The trend continued in the fourth quarter, with notebook shipments exceeding those of desktops by 3%. However, for the entire year of 2008, desktop shipments exceeded those of notebooks by 9%. 2009 outlook Due to the rapidly changing market conditions, iSuppli has revised its full year 2009 unit growth forecast to 0.7%, down from 4.3% before. “iSuppli expects an acceleration of the decline in the desktop segment in 2009, along with a reduction of the growth rate in the notebook segment, leading to weak growth for the year,” Wilkins said. Top PC ranks hold steady in Q4 The rankings of the Top-5 PC makers remained the same in the fourth quarter compared to the third. Hewlett-Packard retained its No.-1 ranking in the fourth quarter of 2008, with shipments of 14.5 million, and a market share of 18.6%. Dell maintained its second-place ranking with shipments of 10.3 million, giving the company a market share of 13.2%. Rounding out the Top-3 was Acer, with a market share of 11.8% resulting from shipments of 9.2 million units during the quarter. The other Top-5 PC OEMs were Lenovo and Toshiba, ranked fourth and fifth, respectively, with market shares of 7.1% and 4.7%. Acer advances in 2008 For the full-year 2008, Acer achieved growth well in excess of the overall industry, at 57.9%, while the No.-1 and No.-2 ranked PC OEMs—Hewlett-Packard and Dell—experienced growth in line with the overall industry, at 12.9% and 9.5%, respectively. Outside the Top 10, ASUS and Apple both made notable advances in 2008, with ASUS expanding its shipments by 145% and Apple by 30%. “ASUS played a crucial role in expanding the fast-growing netbook segment, clearly boosting the company’s performance,” Wilkins said. “Apple benefited from the boom in consumer PC shipments in 2008.” The attached tables present iSuppli’s estimates of global PC market share in the fourth quarter and the full year of 2008. This ranking comprises all shipments of desktop and notebook PCs as well as entry-level servers. Image Source: Apple
Semiconductor industry avoids direct impact of coronavirus The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or suspends production among electronics manufacturers, according to Omdia.
Plessey partners with Axus Technology Plessey, an embedded technologies developer, is partnering with Axus Technology (Axus), a provider of CMP, wafer thinning and wafer polishing surface-processing solutions for semiconductor applications, to bring high-performance GaN-on-Silicon monolithic microLED technology to the mass market.
GPV Electronics CN resumes production On 19 February 2020, the Chinese Central Government informed that all enterprises in the Guangdong province are now allowed to resume production.
Nano Dimension moves its main commercial activity to USA Nano Dimension announces that the company is establishing its headquarters for the Americas in South Florida.
Rockwell Automation inks deal for Italy’s ASEM Rockwell Automation Inc. has signed a purchase agreement to acquire digital automation technologies provider ASEM S.p.A.
IFR releases ‘Top Trends 2020 Robotics’ The International Federation of Robots (IFR) has forecasted an uptick of 2 million industrial factory robotic units in the next two years.
Paslin, Rivian fuel EV factory expansion The Paslin Company, a builder of robotic assembly lines for Tier 1 suppliers and OEM auto companies, is expanding in Warren, Michigan.
Nokia plans to acquire US-based company The Finnish telecom company is planning to acquire Elenion Technologies, a U.S.-based company focusing on silicon photonics technology.
neutec electronic to handle Asymtek and Dima in Switzerland Asymtek, a part of Nordson Electronics Solutions - announces that their distributor, neutec electronic AG, has expanded its representation of all Asymtek and DIMA products to the French-speaking areas of Switzerland.
BMZ subsidiary Poland reports successful business year 2019 BMZ Poland, the second largest production site of the BMZ Group, is expanding its production area and is reporting 10% sales growth and thereby reached record results for the business year 2019.
Scanfil CEO: ‘Our operations are making good progress’ The last quarter of 2019 was the strongest one for the EMS provider. Scanfil recorded a turnover of EUR 155 million, a growth of EUR 15 million or 10% year-over-year.
Prime Technological Services acquire ITS EMS provider Prime Technological Services LLC has acquired Georgia-based I Technical Services (ITS).
Florida’s Sypris snags BAE Systems contract Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc., has won a contract award from London-based BAE Systems’ Electronic Systems sector.
Into the future, San Diego style IPC APEX EXPO, the North American electronics manufacturing industry’s biggest gig, has left the teenage years behind with this year’s 20th anniversary show held Feb 3-8 in San Diego.
5 semiconductor companies hold 53% of global wafer capacity The world’s top-five wafer capacity leaders each had capacity of more than 1,000,000 wafer starts per month, says IC Insights.
Global DRAM revenue holds steady in 4Q19 The DRAM inventory finally returned to a relatively normal level for most OEMs in 4Q19 after nearly three consecutive quarters of adjustments, says the DRAMeXchange research division of TrendForce.
Mitsubishi Electric completes new satellite production facility Mitsubishi Electric has completed construction of a new facility for the production of satellites at the company’s Kamakura Works in Kamakura, Japan.
ISS-Broadband delivered by Kongsberg Kongsberg equipment is to enable broadband transmission for the International Space Station (ISS) to 'significantly improve communication between the ESA astronauts manning the station and earth.
Mycronic receives order for an SLX mask writer Swedish equipment provider, Mycronic AB, has received an order for the new SLX mask writer from a customer in Asia. The customer already has mask writers from Mycronic.
A new production unit for mirror segments for ELT Safran's new production unit at the company's Saint-Benoît facility near Poitiers in central France will make the primary mirror segments for Europe's Extremely Large Telescope (ELT).
A more sustainable approach to semiconductor manufacturing Reuse; that is the key to driving environmental sustainability in global semiconductor manufacturing, says Steven Zhou, CEO of Moov Technologies.
Teslas German venture comes to a halt following court order A court in Germany has ordered the US electric carmaker to stop clearing the forest at its future location outside Berlin.Load more news