Lenovo cements global PC market lead
Lenovo cements global PC market lead
Chinese computer maker Lenovo has again topped the International Data Corporation's (IDC) list as the world's leading PC maker for the sixth straight quarter.
According to the IDC, during the third quarter of this year the Chinese company reached the 20% global PC market share up from from 19.4% in the second quarter.
The company also grew 11.2% year-on-year, gaining 2.3 points and extending its lead over the number two player HP.
Lenovo's performance added up to more than 15.7 million shipments for the quarter, notes the company statement.
Yang Yuanqing, chairman and chief executive officer of Lenovo said, "Reaching the 20% mark in global PC share is a great milestone for Lenovo – and we got there even faster than expected.”
"While others have been looking for a game plan that works, we have been executing ours and the results speak for themselves."
"Not only have we reached another record high and solidified our PC leadership position for the 6th straight quarter, but we have diversified our business at the same time," said Yuanqing.
He added, "PC was the first growth engine that launched Lenovo as a global leader, and it remains our core business. "
Meanwhile, Lenovo's success comes on the back of a rebounding global PC market.
According to the IDC the global PC industry also showed signs of improvement.
The world's PC industry improved slightly with a modest decline of just -1.7%, significantly better than IDC’s earlier prediction of a -4.1% decline.