
Global PC shipments dip in first quarter of 2023 as Lenovo remains largest PC vendor
First quarter of 2023 global PC shipments fell by 28% YoY. Inventory digestion likely to end in second quarter of 2023. Although PC demand is expected to gradually recover in the second half of 2023, full-year shipments are set to decline by double-digit percentages. Windows 11, commercial (or flagship) models and replacement cycles are key 2024 growth drivers. [c]