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Highly Concentrated IT Market with Reduced Profits to Drive Business Transformation in IT Sector: MIC
October 12, 2018

 

Among the Top 10 Taiwanese businesses in 2017, six were IT hardware brands, which account for 72% of the top ten’s revenues, according to the Taipei-based, government-backed IT research institute MIC (Market Intelligence & Consulting Institute). "However, Taiwan's top 10 IT brands, except TSMC, all suffered profit declines in 2017," says Chien-Kuang Pan, senior industry analyst with MIC. "For this reason, both international and Taiwanese ICT companies have no choice but to aggressively pursue business transformation and have made several achievements in the areas of cloud, healthcare, and smart home."

Taiwanese Top 4 IT Hardware Brands' Recent Development Highlights

Source: MIC, October 2018
 

"On top of that, the US-China trade conflict remains a major factor affecting Taiwan's ICT industry and leads to a significant change in Taiwan's IT hardware supply chains."

To see more about this report, please visit: Global PC Market and Industry Outlook for 3Q 2018 and Beyond

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.