Lenovo rules global PC market now, but is #4 in India

12th July 2013
Lenovo rules global PC market now, but is #4 in India

Bangalore, India, July 12, 2013: Chinese personal technology company Lenovo has become the world’s no 1. Personal computer maker, find recent surveys by analysts Gartner and IDC. IDC pegs the company’s global PC market share in 2Q 2013 to be at 16.7%, 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. This marks the first time that Lenovo has been the clear global leader in the PC, in the process dislodging long time leader HP.
It is now the market share leader in three of the seven largest PC markets – China, Japan and Germany – and reached double digit share in 39 countries.
In India however Lenovo currently trails HP, Acer and Dell who had a market share of 22.5%, 13.8% and 13.8% for the first quarter of 2013, according to the last IDC India report . Lenovo’s share was 11.7%.
Says Yang Yuanqing, Chairman & CEO, Lenovo: “This is just one milestone in a longer journey. PC leadership is strategically significant because it gives us 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. 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. ”
Adds Amar Babu, Managing Director, Lenovo India:”This is indeed a proud moment for all of us at Lenovo. India has always been a very significant market for Lenovo globally. We have been outpacing 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
Lenovo is a US$34 billion personal technology company – the No.1 PC Supplier in the world world serving customers in more than 160 countries. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include Think-branded commercial PCs and Idea-branded consumer PCs, Lenovo, has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. www.lenovo.com