Personal computer sales hit by recession, sales fell 16 percent last year

The global personal computer (PC) market has declined by 16 percent last year. The major reasons behind this are recession, increase in energy cost and high interest rates. Last year, the total shipments in this market were 285.1 million units. The total shipments of desktops and notebooks fell by 29 percent to about 65.4 million units in the fourth quarter.

Lenovo ranks first in the global PC market. It is followed by HP, Dell, Apple and Asus. PC sales grew rapidly worldwide during the pandemic about two years ago. However, PC shipments last year were higher than the pre-Corona period. According to market research firm Canalys Report It has been reported that notebook shipments fell by about 19 percent to 223.8 million units last year. There was a massive decline of 30 percent in the fourth quarter and its shipment figure was about 51.4 million units.

Lenovo retained its first position in terms of market share in the fourth quarter and the full year. The company’s shipments were around 15.5 million units. This Chinese company had a market share of 23.9 percent last year. This is a decline of around 29 percent on a year-on-year basis. HP was at the second position with shipments of around 13.2 million units. The company’s sales declined by 29 percent in the fourth quarter. HP’s market share was 19.4 percent. Dell suffered the biggest loss in terms of sales. The company’s sales declined by around 37 percent to 10.8 million units. This American company had a market share of 17.4 percent last year.

The global smartphone market is also suffering from the slowdown. Due to this, the global production of smartphones has decreased in the third quarter of the current year. The smartphone industry produced about 28.9 crore units during July to September. This was a decrease of 0.9 percent compared to the second quarter and about 11 percent on an annual basis. South Korea’s Samsung retained its first position in smartphone manufacturing. American smartphone company Apple was in second place and China’s Xiaomi was in third place.