“Though channel inventory has depleted in the last few months, it’s still well above the healthy four to six week range,” said Jitesh Ubrani, IDC research manager. “Even with heavy discounting, channels and PC makers can expect elevated inventory to persist into the middle of the year and potentially into the third quarter.”
A silver lining is that the cooling demand is giving manufacturers the time and room “to make changes as many factories begin to explore production options outside China”, IDC said in the report. Apple is gradually diversifying the geography of its manufacturing base as brewing tensions between Washington and Beijing threaten to disrupt its carefully orchestrated supply chain.
Looking toward 2024, the IDC researchers foresee a potential rebound for PC makers, driven by a combination of ageing hardware that will need to be replaced and an improving global economy.
The news is published by EMEA Tribune & SCMP