This article was first published 21 years ago

Indian PC market posts solid growth in Q1

Share:

May 03, 2004 14:21 IST

Powered by a seasonal government buying, the Indian PC market posted a 'solid performance' in the first quarter of 2004 while the Asia-Pacific market, excluding Japan, grew by 16 per cent touching 7.5 million units, according to IDC.

Despite concerns surrounding elections, this performance by the Indian market was largely due to a seasonal government buying, the corporation said.

Recent IT tax breaks in India also created confusion and supply chain issues at the beginning of the quarter could have affected sales but the industry sorted out these issues quickly in the following months allowing a minor positive impact on PC sales in the small and medium business space, it said.

IDC, however, did not give the India-specific figures in terms of number of units.

"Shipments came in slightly higher than expected as most countries posted solid year-on-year gains including key countries like India and Australia," it said.

In China, the PC shipments declined sequentially in the first quarter due to the lunar year and national political conference that delayed some government purchases, although winter consumer promotions and education projects helped to buffer the decline, it noted.

Share:

Moneywiz Live!