This quarterly global snapshot of activity in the technology sector highlights trends, business challenges and opportunities. In this edition we review the second calendar quarter of 2013.
Modest growth in the global economy continues to weigh on the technology sector. Mixed financial results were reported - companies participating in the mobile boom are growing and those in the midst of business model transformation have slowed.
Making up 16% of worldwide PC spending and 23% of smartphone spending, the slowdown in China has put negative pressure on worldwide IT spending. Gartner recently lowered its 2013 IT spending growth forecast from 4.1% to 2.0%, a sharp deceleration from last year’s growth of almost 6%.
Detailed financial information can be accessed by clicking on the "explore tool" on the home page at www.pwc.com/techscorecard.