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Global PC Shipments Up By 0.3% In Q4CY23, Declines 14.8% For Year

A report on Thursday revealed that the shipments of personal computers globally stood at 63.3 million units in the fourth quarter of 2023, an increase of 0.3 per cent from the corresponding period last year. The Gartner study emphasised that after experiencing eight consecutive quarters of decline, the shipments finally increased. In 2023 the shipping […]

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Electronics News

PC Shipments Show Signs Of Recovery In Q4 CY23

Global shipments of traditional PCs have exhibited signs of recovery in the fourth quarter of 2023, with preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker indicating that nearly 67.1 million PCs were shipped during this period. While the numbers in Q4 represent a 2.7 per cent decline from the […]

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Lenovo Launches Computers With Motherboards Made In India

Tech major Lenovo on Friday said that it is launching Preferential Market Access (PMA) compliant PCs with its ‘made in India’ motherboard, underscoring its commitment to strengthen and expand its manufacturing footprint in the country. The company said the move has qualified it for the Class 1 PMA bracket with over 50 per cent of […]

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Reliance Jio To Disrupt Indian PC Market With Cloud Laptop Rollout

Mukesh Ambani-owned Reliance Jio is reportedly in talks with major manufacturers like HP, Acer and Lenovo for a cloud laptop rollout soon. The telecom player’s aim is to disrupt the Indian PC market. According to a media report, Reliance Jio will be introducing a laptop, that will cost around Rs 15,000 and will function as […]

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Electronics National News

India PC Market Hits 4.5 Mn Units In Q3 FY23, Up 14% YoY

The India traditional PC (Personal Computer) market, which includes desktops, notebooks and workstations, reached 4.5 million units in third quarter of FY23, up 14 per cent year-over-year (YoY) according to a new report. During the quarter, the notebook category grew by 13.1 percent YoY, while the desktop category grew by 19.3 per cent and the […]

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Lenovo Faces Significant Revenue Decline Amidst PC Market Slump

Lenovo Group reported a significant setback in its financial performance for the third quarter ending September, with a 16 per cent fall in revenue totaling USD 14.41 billion compared to the same period last year. This is the fifth consecutive quarter of declining sales for the company, as it grapples with the lingering effects of […]

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Lenovo Launches Three Hybrid Gaming Stores In Delhi

Lenovo, the global technology powerhouse, on Wednesday opened three of its stores in Delhi as hybrid gaming stores. The stores, located at Nehru Place, will offer a wide range of Lenovo gaming and consumer products, including laptops, desktops, monitors, and accessories. These hybrid stores are set to provide an immersive retail experience, offering not only […]

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Companies Electronics News

Lenovo Reports 24% Revenue Decline In Q1, Hit Hard By Global Downturn

Lenovo Group, the PC maker, reported a 24 per cent fall in revenue for the April-June quarter, reflecting the continued impact of a global downturn in demand for personal computers. The company’s Q1 performance marks its fourth consecutive quarter of sales decline, as the tech giant grapples with economic challenges compounded by the ongoing COVID-19 […]

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