Global PC shipments fell 9% in the third quarter and are expected to recover in the fourth quarter

[Gearbest News]On October 10, Gearbestlearned that market research agency Gartner said that HP’s personal computer shipments increased by 6.4% in the third quarter; global personal computer shipments fell by 9% in the third quarter; the personal computer market has bottomed out and is expected to recover in the fourth quarter.

Throughout 2022 and early 2023, oversupply and falling demand caused a historic collapse in PC and PC component shipments. For example, the first quarter of 2023 was Intel's worst quarter in its 55-year history, with a loss of $2.8 billion. However, the company posted a much smaller annual decline next quarter, returning to profitability and signaling a slight recovery later this year. Canalys expects similar results for PC shipments.

Previously, Intel CEO said that the company is expected to achieve the goal of leading the industry in 2025; the market share of the personal computer chip business expanded in the second quarter; the personal computer market is expected to continue to recover in the second half of the year; the inventory level of the personal computer market has returned to normal; personal computers will be important equipment in the field of artificial intelligence, which will promote its sales; the overall situation of the server market is mixed; the server inventory digestion process will continue in the second half of the year; server sales are expected to decline in the third quarter and will grow again in the fourth quarter.

The agency predicts that global personal computer growth will remain at 9% in 2024 and reach 12% the next year. According to TrendForce, LCD displays may experience a similar recovery starting in 2024.

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