Foxconn: The fourth quarter is traditionally the hot season for Taiwan s tech companies as they race to supply smartphones, tablets and other electronics to major vendors such as Apple for the year-end holiday period in Western markets.
On Tuesday, HP Inc (NYSE: HPQ) showed a mixed picture with its fiscal third quarter report as inflation and economic uncertainty continue to weaken the demand for consumer electronics, with the PC market being in a slump for over a year now. Upon the report, shares of the Palo Alto, California-based company fell 5.6% in after-market trading as fundamental figures are not improving as quickly than HP had anticipated, causing management to trim its fiscal year outlook. Meanwhile, HP's PC rival Del
Nkgwete IT Solutions, a 60% female-owned company, unveils a locally designed and globally sourced African laptop brand started by female techpreneur Siddika Osman.
In terms of LCD monitors, BenQ India is the second-largest player on Amazon, with a 17 per cent market share. In 2022, the company also emerged as a leading brand in the country for DLP projectors and was among the top three brands in the PDP category.