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Global PC Shipments Edge Up In Q1 2026 Amid Rising Component Costs

Robust Growth In Global PC Shipments

Global shipments of desktops, notebooks, and workstations increased by 3.2% year-on-year in Q1 2026, reaching 64.8 million units. Notebooks, including mobile workstations, rose by 2.6% to 50.8 million units. Desktop shipments increased by 5.4% to 14.0 million units.

Accelerated Orders Amid Supply Chain Concerns

Omdia attributes shipment growth to vendors and channel partners accelerating orders ahead of expected component cost increases. Ongoing Windows 10 replacement cycles and new product launches from Windows manufacturers and Apple supported shipment volumes. Early ordering reflects efforts to manage costs and secure supply.

Rising Component Costs And Margin Pressures

Ben Yeh, Principal Analyst at Omdia, said that rising memory and storage costs are expected to increase further starting in Q2. Higher component prices are likely to pressure margins and lead to price adjustments across the supply chain. Demand linked to AI data center expansion has affected component availability. CPU prices are projected to increase by 10% to 25% by Q2, adding to cost pressures.

Firm Regional And Vendor Dynamics

Vendors are accelerating shipments to secure revenue and margins before further cost increases. Channel partners in North America have increased inventory levels. Japan shows signs of slowing demand following high shipment volumes in previous periods and rising costs in the education sector. Reduced policy-driven demand after 2025 may contribute to lower shipments in 2026.

Vendor Performance: Leaders And Challengers

Lenovo reported 16.5 million units shipped, up 8.7% year-on-year, with over 25% market share. HP shipped 12.1 million units, down 4.9%, reflecting weaker demand in Europe and the United States. Dell shipments increased by 7.8% to 10.3 million units. Apple held an 11% market share, supported by MacBook Air sales and new product launches. Asus shipped 4.6 million units, reaching a 7.1% market share.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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