![Global PC, shipments, tech news](https://static.indiatvnews.com/ins-web/images/lazy-big.jpg)
PC shipments totalled 60.6 million units globally in the second quarter (Q2) of 2024, marking a 1.9 per cent increase from the same quarter in 2023, according to a new report released on Wednesday.
According to Gartner, this marks three consecutive quarters of year-on-year growth for the PC market.
"The low year-on-year growth, together with stabilised sequential growth, indicates that the market is on the right track to recovery," said Mikako Kitagawa, Director Analyst at Gartner.
"With 7.8 per cent sequential growth between 1Q24 and 2Q24, PC inventory is tracking back to an average level," she added.
The PC market in the US witnessed the highest shipment volume since the third quarter (Q3) of 2022, with over 18 million PCs shipped, resulting in 3.4 per cent (year-on-year) growth.
"Business PC demand picked up slowly as well, contributing to this growth. Our current expectation is to see surging business PC demand in the US in the second half of 2024," said Kitagawa.
HP has reportedly retained its leading position in the US PC market by shipments, commanding a 27 per cent market share, followed closely by Dell at 25.2 per cent.
Meanwhile, the Asia-Pacific (APAC) market saw a 2.2 per cent decline year-on-year, primarily due to a sluggish China market, which countered growth in other mature and emerging APAC regions. Emerging APAC continued to see mid-single-digit growth, led by healthy growth in India.
Mature APAC also saw improving PC demand, resulting in year-on-year growth for the first time in two years, the report said.
ALSO READ: Microsoft steps down from OpenAI board observer position, to avoid antitrust issues
Microsoft has given up its board observer seat at OpenAI in a move aimed at easing U.S. and UK antitrust regulators' concerns about the extent of its control over the AI startup amid the soaring popularity of generative artificial intelligence. But the change was unlikely to resolve concerns by the U.S. Federal Trade Commission, a source at the agency said on Wednesday. The FTC is conducting an antitrust review of deals by Big Tech and top AI companies.
ALSO READ: BSNL introduces a new 395-day plan with extensive benefits: Details
The government’s telecom company has been gaining attention on social media, since the private telecom companies updated their tariffs in early July 2024. One of BSNL's standout plans has been offering a 395-day validity, which is more than a year- ensuring that users do not have to worry about recharging for 13 months.Inputs from IANS