Acer, a company that makes computers in Taiwan, mentioned that people are starting to buy more personal computers again. Earlier this year, “we saw the demand reach the bottom during about the May timeframe this year and ever since that, the demand has come back. For Q3, we have already seen year-to-year growth.” This information comes from their chairman and CEO, Jason Chen.
The Global PC Market
During the third quarter, Acer made 19.4% more money from selling notebooks compared to the previous quarter. They also saw a 27.8% increase in revenue from selling desktop computers during the same period.
largest company in the world, Acer, ranked fifth when it comes to selling PCs. They have a 6.4% share of the market. The top four companies are Lenovo from China (22.9% market share), HP (21.6%), Dell (16.6%), and Apple (11%).
New data from Canalys shows that the global PC market didn’t drop as quickly in the second quarter. The total number of desktop and notebook computers sold was 11.5% less compared to the same time last year, with a total of 62.1 million units sold. Over the past two quarters, there has been a decline of more than 30% in the number of computers sold.
The COVID-19 pandemic made more people work and study from home, so there was a big demand for personal computers like desktops, laptops, and notebooks. However, this increase in computer sales stopped when the number of computers shipped around the world dropped a lot in the first quarter of 2022.
People became worried about the economy because of things like higher interest rates and prices going up (inflation). This made people spend less money, and that affected computer sales.
All About Acer and What They Make
Acer, a company that started in 1976, makes a variety of products, including computers (like laptops and desktops) and other things like monitors, smart devices, electric bikes, and scooters. Most of Acer’s products are made in China, but they also manufacture them in Southeast Asia, Taiwan, Japan, Korea, and India, according to the firm.
“PCs today, together with the display business, monitor business, contribute about two-thirds of our business. For the future, we believe it depends on seasonality, but we think the non-PC area will go all the way up to one-third and maybe beyond,” said Chen on Friday.
The technology company from Taiwan is confident that the PC market will return to its usual patterns by the fourth quarter.
“On Q4, we believe the PC [market] will come back to seasonality. First half will be less than 50%. And the second half will be bigger than the first half, for at least the foreseeable future,” explained Chen.
“We’ll essentially be back to normal. The main reason for this is that the stock of computers in the market has been used up in a healthy way, at least for our company.”
Conclusion
Acer, a Taiwanese computer maker, has seen a bounce-back in people buying personal computers. CEO Jason Chen mentioned a good Q3 performance, and the company now ranks fifth in the world for selling PCs. Although the PC market had a tough time due to the pandemic and economic worries, Acer is hopeful for a return to normalcy.
