Good news came out of China during the ViMicro International second quarter financial results conference call. Shipments of the company PC camera processor chips showed a 123 percent increase in the second quarter. The company continues to experience strong demand into the second half of the year. David Tang ViMicro CFO points to netbooks as the major driver behind this growth. However, he also sees strong demand for camera processors for high-end desktops as well as for notebooks.
Austin, Texas-based market research firm DisplaySearch echos Tang's accessment predicting mini-notebook (netbook) shipments to double year over year to more than 30m units in 2009, while notebook shipments flatten. Netbook growth in China will exceed all other regions of the world jumping from 1.1 million to 3.9 million from 2008 to 2009. http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/071309_mini_note_netbook_shipments_to_double_y_y_to_more_than_30m_units_in_2009.asp
This is good news for the high tech sector that has languished in recent months owing to the worldwide economic recession. Forrester Research is holding out for high tech to hit bottom in the third quarter and rebound in the Q4. Research firm IDC is predicting new product introductions coming this fall, including low-cost, thin-and-light consumer portables, low-cost Intel Atom-based all-in-ones, and, of course, Windows 7, should provide a spark that helps to push market towards positive shipment growth over the next 12 months.
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