atans1

Windows 10 to rescue S’pore?

In Economy on 04/02/2016 at 5:42 am

Manufacturing activity in the Republic contracted for the seventh straight month in January amid a decline in new orders, a drop in factory output and lower employment.

The latest Purchasing Managers’ Index (PMI) reading released on Tuesday (Feb 2) came in at 49.0, down from the December 2015 reading of 49.5. A reading above 50 means that the manufacturing economy is generally expanding, while a reading below 50 indicates contraction, according to the Singapore Institute of Purchasing & Materials Management (SIPMM),

Manufacturing activity in the electronics sector also contracted for the seventh straight month in January, with the PMI coming in at 48.5, down from 48.9 in December. The drop was due to a continued decline in new orders, factory output as well as employment in the sector, said SIPMM.

Inventory for the electronics sector expanded, due to faster deliveries from electronics suppliers. However, new export orders continued to contract for the 12th consecutive month, and this affected the supporting industry and dragged down the overall manufacturing economy, said SIPMM.

(CNA)

IDC, a research firm said PC sales should improve later this year as companies that had delayed replacing computers ahead of the release of Windows 10 last summer start buying again. This should help us as we are part of the PC galactic empire, not the Apple or Android universes. Explanation

Last yr was another yr to forget according to IDC

Worldwide PC shipments totaled 71.9 million units in the fourth quarter of 2015 (4Q15), a year-on-year decline of -10.6%, according to the International Data Corporation (IDC ) Worldwide Quarterly PC Tracker . Although total shipments were in line with already conservative expectations, the news nonetheless ended 2015 as the first year below 300 million units since 2008. The holiday quarter achieved a modest uptick compared to the third quarter, but the year-on-year decline in 2015 shipments was nevertheless the largest in history, surpassing the decline of -9.8% in 2013.

The PC market continued to face persistent challenges from longer-PC lifecycles and competition from mobile phones and tablets, despite the slowing growth in those markets.

 

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