Home » The world is buying fewer devices, and inventories for PCs, phones and tablets are building

The world is buying fewer devices, and inventories for PCs, phones and tablets are building

by admin

Worldwide shipments of computerized devices (personal computers, tablets and mobile phones) are expected to decline for the second year in a row in 2023, according to a report released Tuesday.

Global device shipments will fall 11.9% to 1.82 billion in 2022, before falling 4.4% to about 1.7 billion in 2023, analyst firm Gartner Inc. said on Tuesday. said it is. PC shipments are expected to decline 6.8% to 267.7 million units in 2023, following a 16% decline in 2022. Tablet shipments will decline 2.9% to 133 million units, following a 12% decline in 2022. Mobile phone shipments are forecast to decline 4% to 1.34 billion units in 2023, following an 11% decline last year.

Gartner Senior Director Analyst Ranjit Atwal said in a statement: “In fact, end-user spending on devices is projected to decline by 5.1% in 2023.”

“Just as business confidence started to pick up after the worst of the pandemic, it’s now down significantly in most regions,” Atwal added. “We do not expect inflation to ease and the recession to bottom out until the fourth quarter of 2023.”

This is bad news for device makers and suppliers who rely on device makers for their sales, like semiconductor makers. Samsung Electronics Co., Ltd. 005930,
— This will produce consumer devices such as the Galaxy line of devices and semiconductors — reported a 69% decline in operating profit and an 8% decline in revenue During the holidays on Tuesday. Rival Apple AAPL,
It plans to report holiday earnings on Thursday afternoon after the report suggests Sales of the PC held up better than other manufacturers Like HP Inc.HPQ,
and Dell Technologies Inc. DELL,
in the fourth quarter, Smartphone shipments also surpassed rivals.

Earnings outlook: Apple’s holiday season outcome may depend on unlikely heroes amid iPhone uncertainty

Gartner expects PC inventory levels to return to normal in the second half of 2023. The cost of clearing inventory was driven by lower prices in the very taxing holiday channel, making it even more difficult for the industry to clear the blockage.faced Worst drop in PC shipments in recorded history.

opinion: Intel just had its worst year since the dotcom bankruptcy and it won’t get better anytime soon

This will weigh heavily on the semiconductor sector, which sees fewer orders as device makers hold up inventories.starts with Texas Instruments
Last week’s earnings, especially Intel’s INTC,
the report The worst year since the dotcom bankruptcy. Intel’s rapidly plummeting gross margins The stock cleanup alone is a 400 basis point reduction.

Advanced Micro Devices Inc. AMD,
Which report after bel tuesdayCEO Lisa Su announced three months ago that the company “Definitely end the year in a better place” late monday, NXP Semiconductor NV
Despite reporting inline results, the outlook for the quarter disappointed Wall Street.

detail: After ‘surprisingly bad’ Intel outlook, AMD’s earnings face more scrutiny

PHLX Semiconductor index SOX,
S&P 500 Index SPX,
The tech-heavy Nasdaq Composite Index COMP rose 5.5%,
10% jump.

You may also like

Leave a Comment