SAN JOSE--The semiconductor business is getting a big boost from a surging global personal computer market. All regions showed strong growth in PC shipments during the second quarter, according to a preliminary report from Dataquest, a Gartner Group research unit here.
Sales shot up 26.4% in the quarter over last year because of lower system prices, the general economic recovery, and the Internet, the market research firm says.
Demand in Asia/Pacific was driven by a return in business confidence, Dataquest says, while the UK and France performed well across the professional and consumer segments to lead Europe. The Latin America market also did well, the research firm notes, with Mexico exhibiting continued strength and the Brazilian market showing signs of recovery.
All the top-tier vendors grew more than 30% in worldwide shipments over the second quarter last year, Dataquest reports, with Dell and IBM showing the strongest year-over-year global growth with increases of 50% and 47% respectively. The leaders, all five from the U.S., increased their global market shares over the second quarter of 1998.