From PC Mag: Demand for PC parts and accessories saw a big dip in the last year, according to the latest earnings report from peripheral maker Corsair, though things may improve in the coming quarters as supply chain issues ease and consumer activity picks up, it says.
On Thursday, the company reported that its Q2 net revenues fell by close to 40% year over year. Corsair blames the sagging demand on “macroeconomic headwinds,” including the war in Ukraine prompting European users to pull back on spending.
In addition, the company’s retailers are still trying to sell off existing inventory, which is causing them to delay ordering new Corsair gear.
The sharp decline in revenue occurs a year after Corsair saw soaring sales due to “pent-up demand” for PC building and consumers spending their economic stimulus checks. The market for PCs has since cooled amid high inflation and fears of an economic recession.
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