The Indian PC market (including laptops, notebooks, tablets, and desktops) recorded 3.9 million shipped units and crashed 35% year-on-year. Laptops and tablets declined 41% and 37%, respectively, per Canalys. The market was affected by a short-term slowdown in demand, market saturation, and elevated inventory levels. Still, Q1 of 2023 is well above pre-pandemic levels. HP retained its market-leading position, despite a 30.2% decline in shipments, compared to Q1 of 2022. Lenovo is once again second posting the largest loss margin of any maker year-over-year - 46.5%. Taking a look...
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