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Dell is a Texas-based technology company founded by Michael Dell, and is the third largest PC maker in the world after HP and Lenovo.
- Shipments by all personal computer makers in the first quarter slumped 29 per cent to below the levels of early 2019, according to IDC
- The cooling demand is giving manufacturers the time ‘to make changes as many factories begin to explore production options outside China’, IDC said
Lenovo saw a steeper-than-expected revenue decline to US$15.3 billion in the fourth quarter, as rivals HP and Dell also grappled with slowing PC sales after a work-from-home boom.
Amid similar lay-offs by tech giants, the chief executive says he is forgoing his bonus, and other members of his leadership team will also take pay cuts.
The decline comes amid rising inflation, supply chain disruption as a result of the pandemic, and the impact of the conflict in Ukraine.
Apple engineers are actively engaged in the project, although a launch has not been finalised, according to sources.
Dell wants all of the chips used in its products, including those made by foreign suppliers in China, to be sourced from outside the country.
The lay-offs are expected to be announced around the same time as Intel’s third-quarter earnings report on October 27.
Narendra Modi’s administration has been ramping up efforts to attract global electronics names through policy initiatives, as China’s allure wanes because of geopolitical tensions and its disruptive zero-Covid policy.
The IPEF Upskilling Initiative will provide training for 7 million over a decade in Brunei, Fiji, India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam.
Lockdowns and shipment delays caused by China’s zero-Covid strategy are adding to cost pressures for global PC makers, who are moving to diversify production away from the world’s No 2 economy.
The world’s top PC maker beat HP, Dell and Apple in global shipments of desktops, notebooks and workstations in the third quarter.
The American PC giants say customers will have to replace old office computers and work-at-home demand will continue after lockdown winds down.
From humble beginnings to a trillion dollars: how the likes of Walt Disney and Apple’s Steve Jobs created the world’s most successful companies in unlikely places, and why Jobs’ garage is now a designated historic site
Global shipments of desktops, notebooks and workstations jumped 14.6 per cent in the third quarter but growth could have been higher if not for a shortage of components, says IDC
Wireless tech is getting cheaper all the time. From a US$34 computer keyboard and mouse combo, to earbuds superior to Apple’s AirPods Pro but which cost much less, these could be good for you – or for friends or family members.
Bill Gates, Elon Musk, Mark Zuckerberg and Jeff Bezos top the list, which has a collective worth of over US$990 billion
Tech visionaries Bill Gates, Mark Zuckerberg and Steve Jobs flunked out to pursue a jackpot idea – but university drop-outs have also made billions in fashion, gaming and TV
A triple whammy of cybersecurity threats, a trade war and the coronavirus outbreak are exacerbating a backlash to globalisation and generating fresh questions about whether the technology industry relies too much on China.
China’s six central provinces – Anhui, Henan, Hubei, Jiangxi, Hunan and Shanxi – are all are tapping into the growing demand for low-cost production.
The Asia Pacific personal computer market fared better than expected in the three months to September thanks to demand from China and India, says research firm IDC.
Computer maker Dell plans to bolster its lead in the mainland's growing market for enterprise servers, despite efforts by rival Lenovo to expand operations in that niche over the next few years.
Michael Dell yesterday clinched shareholder approval for his US$25 billion offer to buy and take Dell private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No 3 personal computer maker.
