Stellar Snippets
CEO Jason Chen of Taiwanese computer manufacturer Acer says the demand for personal computers has seen a "year-to-year growth" after bottoming out in May.
Acer's desktop revenue was 27.8% more than the previous quarter, while its notebook revenue was 19.4% more.
According to Canalys, the fifth-largest competitor in the PC market, Acer has a 6.4% market share, while Lenovo leads with 22% and Apple is at 11%.
The pandemic increased the demand for personal computers like desktops, laptops, and notebooks, but this saw a sharp decline in 2022.
In the U.S., shipments of desktops, notebooks, and workstations also saw a lower decline of just 6% year-on-year to 18.2 million units in the second quarter.
According to Canalys Principal Analyst Ishan Dutt, this reduced decline promises more improvement in shipment.
Chromebook demand has improved due to educational institutions receiving a fresh round of federal funding before the licensing cost of ChromeOS increased.
Acer's products also include electric bikes, scooters, and smart devices, with its manufacturing base in China.