Computer procurement confidence posts slight Q4 decline: association
By Ted Chen,The China postTAIPEI, Taiwan -- The COMPUTEX Exhibitors Index (CEI), an important indicator of the confidence levels and outlooks of participants in Asia's largest computer industries trade show, was tallied at 1.46 in the fourth quarter, representing a small decline from a previous average of 1.5, according to the latest findings published yesterday by the Taipei Computer Association (TCA, 台北電腦公會).
October 16, 2013, 12:11 am TWN
According to the TCA, data for companies making optical and multimedia systems, storage, and parts represented a slight decline on anticipated levels; however, performance still exceeded historical averages. The TCA attributed the weaker-than-anticipated sales results to the moderate pace of economic recovery in markets throughout the globe, resulting in tepid confidence levels observed among suppliers in the technology sector.
On a year-on-year basis, fourth quarter CEI results this year improved from the 1.38 recorded in 2011 and the 1.15 recorded in 2012 over the same period, said the TCA. However, surveys conducted on participants at this year's COMPUTEX trade show expressed a more downbeat outlook on industry prospects, added the TCA. Participants who concurred with optimistic sentiments this year numbered 32 percent, down from the 39 percent recorded in the previous quarter, while the proportion of participants who expressed pessimism increased from 32 percent last year to 36 percent in the fourth quarter.
Most notably, the TCA stated that with the CEI index at 1.9 in the fourth quarter, procurement officers of international companies were found to be more optimistic on the prospects of a global economic recovery than Taiwanese companies, despite a similar quarterly decline from the 2.24 CEI recorded in the previous quarter. In particular, European buyers posted a CEI of 1.66, signifying the beginnings of a recovery in the continental market, although at a pace slightly less than anticipated, according to the TCA.
Among Taiwan's technology sector, medium- to large-scale enterprises hold the most optimistic outlook for the fourth quarter, while confidence levels of small-scale suppliers have fallen to below-average levels, said the TCA.
Meanwhile, propelled by the impending launch of the popular iPad and iPhone devices by Apple in time for the Christmas season, makers of peripheral accessories indicated exuberance.