Global PC shipments reached 90.3 million in the fourth quarter of 2021 to maintain their year-on-year (YoY) growth momentum at 3.1%, coming on a relatively high base in 2020. The situation on the component supply and logistic fronts continued to improve but at a slow pace. The shipment forecast for the first quarter of 2022 remains optimistic, mainly due to a solid demand and improving component supply. OEMs and ODMs are also expecting some easing of pressure on PC components.
In the fourth quarter of 2021, the supply gap for the most important PC components, such as power management IC, Wi-Fi and I/O interface IC, narrowed. Counterpoint believes that both OEMs and ODMs will continue to accumulate component inventory to cope with uncertainties cropping from COVID-19, noting that it does not see any big risk to PC shipment numbers due to supply backlogs.
Global PC Shipments by Vendor, Q4 2021
Lenovo continued to lead the global PC market in the fourth quarter of 2021 with a 24% share, slightly shy of its share in the fourth quarter of 2020 but still having its highest unit sales in 2021 at 21.7 million. HP took a 20.5% share with 1% YoY growth driven by the easing of component shortage. Dell posted a 15% YoY growth in the quarter riding on the strong momentum from its commercial/premium product strategy. Apple’s shipments in the fourth quarter of 2021 remained largely unchanged thanks to the M1 Macbook’s success. On the other hand, Asus saw a single-digit YoY growth in the fourth quarter, while Acer saw a single-digit YoY decline with market shares of 6.8% and 6.7%, respectively.