The Notebook Industry in the Middle East and other Emerging markets are Forecasted to Record 21 percent CAGR By 2015

Nov 26, 2011

Emerging markets, which include the Middle East, Africa, China, Far East and Latin America, will play a key role in the growth of notebook PC sales in the coming five years. Emerging markets are forecast to record a compound annual growth rate of 21 percent by 2015, according to recent data published by the research firm, IDC. The notebook industry in the Middle East has evolved considerably over the past few years. More consumers in the region now own a portable computing device as the need for connectivity and productivity on the go increases. It is no surprise then that with its diverse line-up of notebooks, Samsung Gulf Electronics has recorded a solid 65 percent growth in the first half of the year across the GCC. “Consumers in the UAE are keen on purchasing unique notebooks that have a thin-and-light form-factor, long battery life and which deliver the highest performance. To sustain this demand, Samsung introduced a wide variety of mid-range and premium notebooks this year such as the Series 3 300V and Series 9,” said Mr. Raj Varma, General Manager of IT Sales Group at Samsung Gulf Electronics. The mid-range Samsung Series 3 300V offers premium design, extensive battery life of up to 7 hours*1 and is available with a choice of vivid colors. Featuring an attractive slim bezel, the Series 3 300V includes Samsung’s innovative Fast Start technology, allowing users to get started within a few seconds of opening the display or pressing the power button. The premium Series 9 notebook, on the other hand, offers the latest Intel Core i7 processor packed in premium casing. It is crafted from duralumin, a lightweight material that is twice as strong as aluminum and normally used in advanced aircraft design. The 13.3” notebook weighs only 1.31kg (2.88lbs.) while measuring only 16.3mm (0.64inches) in depth. “While notebooks such as the 300V drive volume sales, our premium notebooks are growing in popularity too as they offer both a comprehensive mobile computing experience and an attractive premium packaging design. The UAE is a unique market due to its diverse consumer needs and we expect notebook sales in the country to continue increasing year-on-year due to an upward trend in desktop replacement,” added Mr. Varma. Sales in the emerging markets including the Middle East have already surpassed the mature markets. By 2015, this gap is poised to grow even larger as emerging markets are projected to ship 236 million notebooks according to figures by IDC. The benefiter of this robust growth will ultimately be the consumers as they will gain access to the most technologically advanced and competitive notebooks by the top vendors. -Ends- About Samsung Electronics Co., Ltd. Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of nine independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Memory, System LSI and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.