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Indian PC market revives from demonetization; shipments up 12.5% in Q1’17: IDC

The Indian PC industry has revived from the effect of demonization in Q1 2017, posting a 12.5% QoQ growth in terms of overall shipments, research firm IDC said in its Quarterly Personal Computing Device Tracker report. The industry shipped 2.16 million units during the first quarter of the year, up 8.5% YoY.  In the previous quarter, PC shipments dipped 23.4% QoQ to 1.92 million units. Shipments also dropped by 15.2% in CY 2016 when compared to CY 2015. Shipments by Industry category                                                The consumer PC market shipped 1.05 million units in Q1 2017, which is up 14.5% YoY and 19.4% QoQ. The consumer segment was hit by demonetization and inflation in the previous quarter, with shipments declining 12.9% YoY. However, IDC said that “post demonetisation, (the consumer) market observed an upbeat demand owing to an optimistic shift in discretionary spending from consumers in the…

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