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Global semiconductor revenue is projected to slow down to 7.4% this year, down from 2021 growth of 26.3%, while chip sales from PCs are likely to decline 5.4%, according to Gartner.PC shipments are set to decline by 13.1% this year after recording growth in 2020 and 2021.Semiconductor revenue from smartphones is on pace to slow to 3.1% growth, compared to 24.5% growth in 2021."Although chip shortages are abating, the global semiconductor market is entering a period of weakness, which will persist through 2023 when…

Chatbots will become the primary customer service channel for roughly a quarter of organisations in the next five years, according to a Gartner report.Chatbots and virtual customer assistants (VCAs) have evolved over the past decade to become a critical technology component of a service organisation's strategy."When designed correctly, chatbots can improve customer experience and drive positive customer emotion at a lower cost than live interactions," said Uma Challa, Senior Director Analyst.A recent Gartner survey…

IT research firm Gartner said that it expects global semiconductor sales growth to slow down in 2022 and fall 2.5 percent next year, hurt by weak sales of mobile phones and personal computers. Rising inflation and higher energy and fuel costs are putting pressure on consumer disposable income, affecting spending on electronic products such as PCs and smartphones, the research firm said. It forecast global semiconductor revenue to grow 7.4 percent in 2022 to $639.2 billion, down from its previous view of 13.6 percent…

The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7% from last year, a Gartner reports said.Global economic uncertainty continues to be an area of concern for the Indian enterprises. Indian IT spend is expected to maintain robust 7.7% growth in 2022 as compared to 2021 growth rate of 21.2%."Ongoing investment on hyper-scale data centers coupled with average selling price (ASP) increase is forecast to drive 13.6% revenue growth for data centers in 2022. Digitisation and application modernization…

China's Lenovo, the world's biggest maker of personal computers, said that a global chip shortage would persist into the first half of next year as it reported a 65 percent rise in second-quarter profit on Thursday.The company said it was able to outgrow the market by securing more supply of components than its peers, but acknowledged that a dearth of chips was "causing delays in order fulfilment and significant back-log orders across PCs, smartphones, and servers."CEO and Chairman Yang Yuanqing told Reuters in an…

Samsung Electronics Co., Ltd. is likely to turn in its best April-June profit since 2018 with a 15 percent year-on-year rise as lingering demand for its memory chips from server customers offsets lower sales to inflation-hit smartphone makers. Operating profit for the world's biggest smartphone and memory-chip maker likely jumped to 14.46 trillion won ($11.2 billion) in the quarter, according to a Refinitiv SmartEstimate from 24 analysts, from 12.57 trillion won a year earlier. Its chip earnings likely soared 49 percent…

Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

In the post-pandemic world, Chromebook sales had seen a massive surge. With people working from home, and a lot of education moving online, Chromebook had become a popular device. Back in January 2021, Chromebook had its best-ever quarter with about 11 million units shipped, according to a report by Canalys. Chromebooks, as per Canalys, had seen almost 300% year-on-year growth. However, things quickly turned — and not for the better — for Chromebooks as in Q3 2021, shipments were down 37% year-over-year. And now a report…

Market research and analysis outfit Gartner has published a gloomy set of predictions about the fate of the PC industry in 2022. It headlines the report by highlighting an expected 9.5% decline in PC shipments globally by the end of the year. Like the downbeat predictions published by IDC three weeks ago, Gartner cites inflation, war and supply chain disruptions for the PC industry's misfortunes.Gartner provides some insight by breaking out PC shipment predictions by market segment, and geography. For example, Ranjit…

The economic slowdown has hit all devices segments and global PC shipments are set to decline 9.5% in 2022, the steepest decline of all segments this year, a Gartner report said on Thursday.Overall, the worldwide shipments of total devices (PCs, tablets and mobile phones) are on pace to decline 7.6% in 2022, with Greater China and Eastern Europe including Eurasia recording double-digit declines.While global mobile phone shipments are expected to decline 7.1% this year, smartphone shipments are estimated to decrease 5.8%…