Lenovo inches closer to become world No 1 PC maker
New Delhi/Hong Kong: Tech giant Hewlett-Packard (HP) might have to make way for Lenovo to hold the top spot of world's biggest PC maker in sales by this year.
Lenovo's rise is marked by the advancement of aggressive Chinese technology that has made its presence known in recent years thanks to their combination of competitive pricing, overseas acquisition and their ability to take lead in the home market.
However, Lenovo’s market growth is also marked by marginal profits while facing tough rivals in the personal and tablet PC market. This competition could put pressure on Lenovo.
The ThinkPad maker, which was world’s No. 2 PC vendor in the third quarter of 2011, had a 14.9 percent global market share in the April-June quarter, just 0.6 percentage point ahead of industry leader HP.
With Agency Inputs