Research firm IDC claims China likely overtook the US as the largest PC market last quarter. Chinese consumers are estimated to have bought $11.9 billion worth of PCs in the second quarter, $200 million more than US consumers.
Personal-computer shipments in China rose 14 percent to 18.5 million units during the second quarter, the first time they surpassed the number in the U.S., where they fell 4.8 percent to 17.7 million, Bryan Ma, an analyst at research firm IDC, said in an interview today. On a full-year basis, China will likely pass the U.S. in 2012, he said.
The estimates highlight the growing importance of China’s consumers to the global economy after the country passed the U.S. in 2009 as the largest auto market. Hewlett-Packard Co. (HPQ), the world’s largest PC maker, indicated this month it may pull out of that business, while China’s Lenovo Group Ltd. (992) posted quarterly profit that almost doubled.