W. European monitor sales are up by a record 35% Y-o-Y in March 2020, Context reports, leading to an overall increase of 18% Y-o-Y for Q1 2020, as the current pandemic crisis drives a need for better hardware.
Such results are beyond the expectation of analysts, even those who expected monitor sales to grow in H1 2020. The 2nd half of February saw distributors increase orders as customers prepared for future product shortages, understandable considering the shuttering of many factories in China. Eventual lockdowns in most European countries led to many employees to start working home, leading to a surge in demand for desktop monitors, as well as PCs and computing accessories.
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