Tech Sector Shifts to Emerging Markets

Goldman Sachs

WE CAME AWAY with seven notable takeaways from the Global Technology Distribution Council technology-distribution conference on the broader technology landscape that, in conjunction with our other checks, may provide us with some key leading indicators.

Although the distributors highlighted some pockets of strength, the overall tone suggested no significant changes in demand in the early part of the calendar second quarter. There was little consensus on the expected duration of the current slowdown, with several distributors suggesting that the environment could remain weak for several more quarters. Demand from small- and medium-sized business seems to be holding up ...