Across all household outcome indicators, microfinance loan customers in the Southeast Asian region are seeing lower improvements in quality of life compared to clients hailing from other regions, mirrored in lower business outcomes with only 3% of respondents reporting an increase in workforce size.
Along with the struggling PC market, PC monitor shipments contracted 18.3% year over year in the fourth quarter of 2022 (4Q22) leading to an annual decline of 5.9% for the full year 2022, according to research firm IDC.
IDC said ink tank products are increasing in prominence with a growing trend of SMEs and SOHOs shifting their preference from entry level laser to ink tank, whereas demand for ink cartridge continues to see a downtrend with shrinking home printing usage.
The Philippine PC market decreased by 18.5% quarter over quarter (QoQ) and fell by 48.9% year over year (YoY) sitting at 464,000 units in the fourth quarter of 2022, according to research firm IDC.
The pendulum for AR/VR headsets swung the other way through the course of 2022 as global shipments declined 20.9% year over year to 8.8 million units, according to new data from research firm IDC.
The company said by looking at what’s driving the next innovations and the technology that supports them, the security industry is empowered to create more value for its organizations and its people.