{"id":94365,"date":"2016-06-09T09:56:22","date_gmt":"2016-06-09T07:56:22","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=94365"},"modified":"2016-06-09T10:01:08","modified_gmt":"2016-06-09T08:01:08","slug":"this-is-how-the-weak-rand-is-killing-south-african-hardware","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/hardware\/94365-this-is-how-the-weak-rand-is-killing-south-african-hardware","title":{"rendered":"This is how the weak Rand is killing South African hardware"},"content":{"rendered":"<p>The Rand&#8217;s recent depreciation against other international currencies has resulted in much higher computer hardware prices in South Africa.<\/p>\n<p>Over the last two years, the ZAR\/USD exchange rate depreciated from <strong>R10.35\/USD<\/strong> to the current <strong>R15.15\/USD<\/strong>.<\/p>\n<p>These higher South African prices have in turn resulted in local consumers not only purchasing less but also slower computers instead of high-end products.<\/p>\n<p>The higher prices, especially in the laptop market, have resulted in a shift in consumer buying patterns.<\/p>\n<p>John Geypen, Consumer Lead for PCs at HP, said entry-level Celeron-based notebooks made up 37% of notebooks sales in 2014. In 2015, this grew\u00a0to 47%.<\/p>\n<p>Towards the end of 2015, this number crept up to as high as <strong>50%<\/strong>.<\/p>\n<p>Conversely, in the high-end segment HP saw sales declining as more consumers bought entry-level products.<\/p>\n<p>The higher price of\u00a0laptops and other computing products also means that the overall South African market has shrunk.<\/p>\n<p>\u201cSales of notebooks in December 2014 totalled just short of 60,000 units, while December 2015 unit sales totalled just slightly more than <strong>50,000 units<\/strong>,\u201d said Geypen.<\/p>\n<p>While HP does not exclude product offerings because of the weak rand, the company limits the number of different options it has available.<\/p>\n<p>\u201cThe market currently is not big or strong enough to support every different variation we have available within our product range,\u201d said Geypen.<\/p>\n<p>Geypen said HP does its best to compensate for the weak rand by adding value to products, like creating bundles with accessories, software, and printers.<\/p>\n<hr \/>\n<p><strong>This article was republished with permission from <a href=\"http:\/\/mybroadband.co.za\/news\/hardware\/164360-the-weak-rand-means-slower-computers-in-south-africa.html\">MyBroadband<\/a>.<\/strong><\/p>\n<h3 class=\"my-4\">More from Gaming news<\/h3>\n<p><strong><a title=\"Permalink to Watch this developer play PC games on the PlayStation 4\" href=\"http:\/\/mygaming.co.za\/news\/pc\/92989-watch-this-developer-play-pc-games-on-the-playstation-4.html\" rel=\"bookmark\">Watch this developer play PC games on the PlayStation 4<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to The biggest movie releases in South Africa this week\" href=\"http:\/\/mygaming.co.za\/news\/entertainment\/93797-the-biggest-movie-releases-in-south-africa-this-week-2.html\" rel=\"bookmark\">The biggest movie releases in South Africa this week<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to The incredible overnight industry of backpack PCs\" href=\"http:\/\/mygaming.co.za\/news\/pc\/93803-the-incredible-overnight-industry-of-backpack-pcs.html\" rel=\"bookmark\">The incredible overnight industry of backpack PCs<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rand has depreciated greatly against the major currencies recently, which has resulted in higher computer equipment prices in South Africa.<\/p>\n","protected":false},"author":173,"featured_media":93375,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_enabled":true,"_sma_x_custom_text":"","_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[20,7],"tags":[16385,15397,14082,241,2163],"class_list":["post-94365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-hardware","tag-laptop","tag-pc","tag-rand","tag-sales","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/94365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/173"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=94365"}],"version-history":[{"count":2,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/94365\/revisions"}],"predecessor-version":[{"id":94387,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/94365\/revisions\/94387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/93375"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=94365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=94365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=94365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}