This ad will auto close in 10 seconds

Lenovo becomes world's top PC supplier

Last Updated: Thursday, July 11, 2013 - 23:21

New Delhi: Chinese computer maker Lenovo Thursday said it has pipped US-based Hewlett-Packard (HP) to become the world's number one personal computer supplier.

"Reaching a significant milestone, Lenovo, today, pipped HP to acquire the global No 1 position in PC shipments, as per latest reports released by IDC and Gartner," it said in a release.

IDC has pegged Lenovo's global PC market share in Q2 2013 to be at 16.7 percent, up from 15 percent in Q2 2012, while, Gartner stated that the firm's share reached 16.7 percent Q2 2013, up from 14.9 percent from Q2 2012, it added.

"Already, we have made great strides in these areas -? especially in China -? the largest market in the world for PC+ products, where in less than 2 years we have become the number 2 smartphone and number 2 tablet company. Today, we are the number 3 smart connected device maker in the world," Lenovo Chairman and CEO Yang Yuanqing said.

PC leadership is strategically significant because it gives Lenovo the scale, brand presence and financial resources to aggressively attack the next frontier for growth, the 'PC Plus' market, which includes tablets, smart phones, smart TVs and other smart connected devices, he added.

Globally, the USD 34 billion PC maker has 5.9 percent market share in smart connected devices. 50 percent of its revenues now come from segments like smartphones and tablet.

On the firm's latest milestone, Lenovo India Managing Director Amar Babu said: "We have been out pacing the industry for the last 14 consecutive quarters and going forward, not only will we sustain this momentum, but instead, will build it further to gain a leadership position in the PC Plus market."


First Published: Thursday, July 11, 2013 - 22:54
comments powered by Disqus