Graphics Card Sales Reported to have Dropped Significantly in Q2 2014

Graphics cards are apparently not on the list of shopping items for gamers or even cryptocurrency miners. Studies show that a decline in sales has been noticeable in Q2 this year. While graphics card sales have been going down for a long time, the aforementioned quarter seems to be the worst.

The reports show that sales in Q2 have dropped by 30-40% compared to the previous quarter and according to Jon Peddie Research, the Q1 total shipments of graphics cards dropped to 14 million units, it being a decline of 0.8% compared to the same quarter last year. The drop in sales is said to be the worst in recent years.

Sources from Taiwan have apparently noted that the drop in sales could be due to cryptocurrency miners who have previously used AMD Radeon cards to mine in recent years and have now turned to more advanced ASIC chips or gave up the mining business completely.

The consequences are then reflected in graphics card sales, having the previous users not purchasing new graphics cards and selling their old ones on eBay or similar auction websites.

In the meantime, graphics card manufacturers are said to have asked both AMD and NVIDIA to cut Radeon and GeForce GPU prices in order to make current graphics cards more competitive. However, the response gained from the GPU manufacturers consisted of simply reducing their shipments.

No confirmed figure of graphics cards is known to be on the market. If the figures prove to be high, local retailers are said to be expected to cut graphics card costs eventually. However, people who are thinking of buying a new graphics card in the near future should not rely on a price drop since retailers have a high chance of not cutting prices if the figures turn out to be in the supply demand balance range.

Thank you KitGuru for providing us with this information