Asia-Pacific PC shipments up 5% for Q1 2003.

(From CMPnetAsia.com)

Byline: CMPnetAsia team

Asia-Pacific PC shipments totaled 5.4 million units in the first quarter of 2003, a five percent increase from the first quarter of 2002, according to Gartner This growth rate was encouraging, especially as the Chinese New Year holidays were celebrated in key countries in Asia in the first quarter where IT spending generally slows down and companies are closed for a period of time.

"Though demand for PCs was cautious due to the general weak economic situation and the war in Iraq, growth rates should have been stronger, but the market suffered a drastic decline in demand from South Korea, the second …