Hardcopy Vendor Financials, 1Q23: Supply Chain Recovery Is Apparent But Slowed by 4Q22 COVID-19 Outbreak in China

Hardcopy Vendor Financials, 1Q23: Supply Chain Recovery Is Apparent But Slowed by 4Q22 COVID-19 Outbreak in China
This IDC Market Perspective contains excerpts from public financial disclosures by leading hardcopy vendors and details the impact of inflation, economic uncertainty, and supply chain issues on performance and forecasts."In the first quarter of 2023, hardcopy vendors continued to work through order backlogs, but the COVID-19 outbreak in China in late 2022 slowed first-quarter supply chain recovery. Supply chain recovery has accelerated again in the second quarter, and, barring another supply shock, the print hardware market is expected to be demand driven again by the end of 2023." — Geoffrey Wilbur, research manager, Imaging, Printing, and Document Solutions at IDC

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