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Thai PC and notebook sales set to increase 5% in second half of year

The Thaiger & The Nation

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Thai PC and notebook sales set to increase 5% in second half of year | The Thaiger
The market for personal computers and notebook computer will grow around 4.7% in the second half of this year, as students, gaming and e-sports continue to drive growth
The prediction from marketing director at Acer Computer, Nitipat Praweenwongwuthi. Acer recently conducted a survey into the needs of computer users and found that about 50% of customers who purchase gaming computers will utilise their computer for playing games and work while about 15% of users say they will use their computer to develop and create video.

Apple is one of computer players in the market driving student market growth. Early this month, the firm launched a global notebook computer campaign at prices some 4,000 baht lower than those on the market targeting university students.

Apple has updated its MacBook Air, adding True Tone to its Retina display for a more natural viewing experience, and lowering the price to 35,900 baht for members of the public and 31,900 baht for students.

In addition, the entry level 42,900 baht 13-inch MacBook Pro has been updated with the latest 8th-generation quad-core processors, making it twice as powerful than before. It also now features Touch Bar and Touch ID, a True Tone Retina display and the Apple T2 Security Chip, and is available to college students for 38,900 baht.

And it’s not only Apple that’s aiming to do better. Alvin Chen, country manager at Asus (Thailand) said that the second half this year will be better than the first, which saw a decline of 5%.  The second half, however, is expected to catch up with sales divided between 70% for notebooks and 30% for gaming notebooks.  Meanwhile, the processor market share as of May 2019 was shared by Intel at 59.3% and AMD at 40.7%.

Customers in Thai market today want middle and high end products and while in the past, gamers were after high performance, now it’s all about thin and light design and 15 inch screens.

“We kicked off our campaign by offering ASUS Pro Duo and other products specifically designed for the target group,” Chen said.

Since Microsoft Windows is used by more than 95 per cent of operating system (OS) for PC in Thailand, ASUS believe that the growing trend for content creator will favour the company over Apple’s Macbook,” said Alvin, adding that ASUS opening its first is going to have the first ASUS Store this month at Central World and in Rayong in early August.

SOURCE: The Nation

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Bangkok

Airports of Thailand block entrance to new Central Village at Suvarnabhumi

The Thaiger & The Nation

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Airports of Thailand block entrance to new Central Village at Suvarnabhumi | The Thaiger

PHOTO: The Nation

Please be seated and fasten your seat belts due to severe turbulence at the front of the almost-open Central Village “luxury outlet” shopping area next to Suvarnabhumi airport in Bangkok.

A dispute between Airports of Thailand and Central Pattana, the owners of Central Village, has hit some mid-air turbulence after AOT officials set up tents blocking the entrance of the hew shopping precinct to open on August 31. The AOT claims the outlet “trespasses the flying zone of Suvarnabhumi Airport” next door.

AOT president Nitinai Sirismatthakarn says he sent officials to inspect the disputed area earlier and found that Central Village was building a road connecting the outlet to the main road.

“The road they are building trespasses the airport’s flying zone. The land was assigned to AOT’s administration by the Treasury Ministry.”
Nitinai added that Central Village also applied for permission to lay a water pipe through the land, which cannot be approved because this, too, would violate flying zone regulations.

Meanwhile, Central Pattana issued a letter claiming its construction strictly follows current urban laws and regulations, and that it had received approval from related agencies before commencing all work.

The letter also said that applying for tap water and electricity connections from responsible authorities is a fundamental right to basic infrastructure, which every citizen is entitled to.

SOURCE: The Nation

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ASEAN

US and China ramp up the rhetoric and the tariffs in a day of tit-for-tat

The Thaiger

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US and China ramp up the rhetoric and the tariffs in a day of tit-for-tat | The Thaiger

Beijing has unveiled a new round of retaliatory tariffs on the US valued around US$75 billion. China will now place additional tariffs of 5%-10% on US imports starting next week.

The tit-for-tat trade war between the world’s two largest economies is causing widespread disruption to supply chains and long-held trade conventions.

China’s Finance Ministry says they will also resume tariffs on US imports of automobiles and automobile parts – 25% for vehicles and 5% on parts starting December 15.

China said it would take countermeasures last week after the US announced it would impose new 10% tariffs on Chinese imports worth US$300 billion. The new Chinese tariffs will target 5,078 exported products, including soybeans, seafood, coffee, whiskey and oil.

US President Trump responded yesterday saying that he would increase rates on existing tariffs on Chinese imports.

“We don’t need China and, frankly, would be far better off without them.”

The US President also “ordered” US companies “to immediately start looking for an alternative to China.”

the American Farm Bureau claim the tit-for-tat tariff reaction from the President “signals more trouble for American agriculture.”

“We know continued retaliation only adds to the difficulties farm and ranch families are facing and takes the situation in the exact wrong direction,” the statement said.

But the US National Retail Federation says the President’s demands are “unrealistic.”

“For years, retailers have been diversifying their supply chains, but finding alternative sources is a costly and lengthy process that can take years. It is unrealistic for American retailers to move out of the world’s second largest economy.”

“Our presence in China allows us to reach Chinese customers and develop overseas markets. This, in turn, allows us to grow and expand opportunities for American workers, businesses and consumers.”

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Business

Thai finance minister confident GDP will pick up next quarter

The Thaiger & The Nation

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Thai finance minister confident GDP will pick up next quarter | The Thaiger

Deputy PM Somkid Jatusripitak says he is confident Thailand’s gross domestic product will pick up in the fourth quarter as a result of the launch of 316 billion baht economic stimulus package from the Thai government.

He claims the new rice price guarantee scheme will also assist the agricultural sector.

The Cabinet approved the new packages at its Tuesday meeting. The National Rice Policy Committee approved a budget of 21 billion baht to guarantee the price of rice harvested in 2019 and 2020 the following day.

Somkid recently held a meeting with the Bank of Thailand and Finance Ministry to discuss a plan to set up a joint committee to steer the Thai economy.

Meanwhile, Standard Chartered Bank has downgraded its 2019 GDP growth forecast for Thailand to 3% from 3.3%. The bank expects growth in the second half to improve from a weak 2.6% in the first half.

According to the National Economic and Social Development Council, the country’s GDP expanded 2.3 per cent in the second quarter compared to the previous quarter’s growth of 2.8 per cent.

According to the Finance Ministry, the country’s debt level in the next five years is expected to be 46.73%, while the GDP next year is expected to expand by 3.5%, then 3.6% in 2021, 3.8% in 2022 and 4% in 2023.

SOURCE: The Nation

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