Demand for laptops and components soar amid mass remote working

Sales of IT monitors almost double in the UK as employees move away from offices

Demand is surging for virtual office components such as laptops, network peripherals, and hardware components, as companies scramble to accommodate their employees working from home due to the coronavirus outbreak.

Although 2020 started out rough for many tech manufacturing companies, due to factory and store closures, it looks like many might be able to just bounce back from their poor first-quarter sales.

Related Resource

Digital Transformation Planning Report 2020

An in-depth look at how IT leaders are approaching digital transformation

Download now

Samsung Electronics semiconductor exports increased 20% in the past month, while Dynabook has reported "brisk demand", most probably due to companies encouraging remote working, according to Reuters.

Advertisement - Article continues below

DRAM modules are now expected to be modestly under-supplied until the third quarter of 2021, according to UBS. The increased demand for DRAM has caused a 6% price increase since 20 February, according to price tracker DRAMeXchange, while UBS also estimated average contract prices of DRAM to increase up to 10% in the second quarter.

In the UK, the number of IT monitors bought during the week ending 14th March almost doubled compared to the week before, according to GfK. Purchases of keyboards also shot up during that same week, giving a year-on-year growth of 68.8% in value, while an increase in sales of pointing devices, such as mouses and stylus pens, resulted in growth of 29.7% compared to this time last year.

Advertisement
Advertisement - Article continues below

Not far behind was the surge in demand for communication devices, with routers and docking stations - their value growth was 29.4%.

Australian electronics retailer JB Hi-Fi said that its total sales growth for 1 January through to the 22 March amounted to 9.1%, up 8.8%, while demand for “essential products they [customers] need to respond to and prepare” for the coronavirus outbreak were also up, from remote working accessories to home appliances.

Although around 69% of electronics manufacturers have flagged possible supplier delays averaging three weeks, according to a poll by IPC International, companies are ready to face the demand head-on.

Advertisement - Article continues below

“Nobody is shutting down their factories - it is still production as normal - but people worry about memory supply in particular, so they want to get out ahead of production,” ITRenew's chief strategy officer, Andrew Perlmutter, told Reuters.

Laptop demand has also risen sharply over the past month, both in response to a greater demand for remote working, but also as companies stockpile in anticipation of a shortage. One Italian supplier said its sales were 20 times higher than normal, according to the Financial Times.

This comes just weeks after a report found that actual shipments of laptops, largely from China, had fallen 40% due to pressures to shut down factories and distribution centres in areas worst affected by the virus.

Featured Resources

Top 5 challenges of migrating applications to the cloud

Explore how VMware Cloud on AWS helps to address common cloud migration challenges

Download now

3 reasons why now is the time to rethink your network

Changing requirements call for new solutions

Download now

All-flash buyer’s guide

Tips for evaluating Solid-State Arrays

Download now

Enabling enterprise machine and deep learning with intelligent storage

The power of AI can only be realised through efficient and performant delivery of data

Download now
Advertisement

Most Popular

Visit/security/cyber-crime/355171/fbi-warns-of-zoom-bombing-hackers-amidst-coronavirus-usage-spike
cyber crime

FBI warns of ‘Zoom-bombing’ hackers amid coronavirus usage spike

31 Mar 2020
Visit/security/data-breaches/355173/marriott-hit-by-data-breach-exposing-personal-data-of-52-million
data breaches

Marriott data breach exposes personal data of 5.2 million guests

31 Mar 2020
Visit/development/application-programming-interface-api/355192/apple-buys-dark-sky-weather-app-and-leaves
application programming interface (API)

Apple buys Dark Sky weather app and leaves Android users in the cold

1 Apr 2020
Visit/data-insights/data-management/355170/oracle-cloud-courses-are-free-during-coronavirus-lockdown
data management

Oracle cloud courses are free during coronavirus lockdown

31 Mar 2020