Lenovo takes no. 1 spot in PCs worldwide
According to the latest industry figures recently reported by IDC and Gartner, Lenovo has become the number 1 PC supplier in the world.
IDC reported that Lenovo reached 16.7% global PC market share in 2Q 2013, up from 15.0% in 2Q 2012, one year ago. Gartner stated Lenovo reached 16.7% share this quarter, up from 14.9% last quarter and the same 14.9% from 2Q 2012, one year ago.
IDC said that Lenovo had achieved a record global PC market share, expanded faster than the overall PC market for the 16th consecutive quarter, led the market in three of the seven largest PC markets – China, Japan and Germany – and reached double digit share in 39 countries. More than half of Lenovo’s revenue then comes from outside of China. While delivering significant volume and revenue growth, the company’s profitability reached record heights with earnings up 34% last year.
This marks the first time that Lenovo has been the clear global leader in PCs according to both of these widely accepted reports.
Further, Lenovo has accelerated its transformation to become a top competitor in the PC Plus era, capturing a 5.9 percent share of the global market for “Smart Connected Devices” and becoming the third largest supplier. The company is the number 2 smartphone and number 2 tablet company in China, the world’s largest PC+ market. More than 10% of the company’s revenues now come from hot growth segments such as smartphones and tablets.
“Today’s announcement that Lenovo is the clear market leader in worldwide PCs is another testament to the strength of our strategy, our innovation and our global team. While we are proud of this accomplishment, we have also set our sights on becoming a true leader in the PC+ market. We have already gained significant momentum in PC+ and are presently the third largest maker of “smart connected devices” globally. We are confident that we will achieve the same success in PC+ as we have done in PCs,” said Vicky Agorrilla, Country General Manager for Philippines.