Wednesday, March 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IBM Buys AlchemyAPI
New Toshiba Smartwatch Reference Model features Bluetooth connectivity and Qi Wireless Charging
Samsung Expands Digital Display Portfolio with YESCO Electronics Acquisition
LG To Launch New Flagship Smartphone
Valve Reveals Steam Link Box For Steam In-home Game Streaming
NVIDIA Launches Shield Android Console That Streams PC Games from the Cloud
Sony's Project Morpheus Upgraded, Coming in 2016
Google Says Android Lollipop Does Not Encrypt Data Due To Performance Issues
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > PC Parts > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 30, 2011
Lenovo Challenges HP's Lead in PC Market


Riding a strong surge in shipments, China's Lenovo in the third quarter jumped one rank to become the world's second-largest PC brand, surpassing Dell - and mounting the most serious challenge to HP's hegemony that the market has been seen in more than three years.

Lenovo's global PC shipments in the third quarter rose to 12.5 million units, up 14.5 percent from 10.9 million in the second quarter, according to the IHS iSuppli. This strong growth dramatically exceeded the growth of the overall PC market, which expanded by only 5.5 percent during the same period, causing Lenovo's share of global shipments to rise to 13.9 percent, up from 12.8 percent in the second quarter. Lenovo's performance also enabled it to rise from the third position to take the No. 2 ranking in the market, surpassing Dell.

With its strong performance, Lenovo managed to close its market share gap with No. 1-ranked HP to just 4.2 percentage points. This represents the closest any company has come to taking the lead position from HP since the second quarter of 2008 - more than three years ago - when Dell came within 2.7 percentage points of the perennial market leader.

"Lenovo continues to capitalize on strong demand for PCs in its home market of China," said Matthew Wilkins, principal analyst for compute platforms research for IHS. "While PC sales in the United States, Europe and many other regions are suffering because of weak economic conditions and rising competition from media tablets, desktop and notebook sales remain red hot in China. This is allowing Lenovo to outgrow it U.S. rivals - and putting it in position to contend with HP for market leadership."

Lenovo delivered sequential growth of 12 and 16 percent in its desktop and notebook PC shipments. Beyond its home-field advantage in China, Lenovo's performance was aided by its venture with NEC and the acquisition of Medion.

HP in the third quarter expanded its shipments by 5.9 percent to 16.3 million units, up from 15.4 million in the second quarter. This was roughly in line with overall industry growth.

Former HP chief executive Leo Apotheker in August said the company likely would spin off its PC division. Observers noted the company may have considered this move because it has faced slowing growth in the overall PC market, combining with dwindling profit margins amid tough competition from Asian rivals.

In October, new company chief Meg Whitman reversed this decision. However, this came after Apotheker's statement cast major uncertainty on the future of HP's PC business, causing the company's stock price to fall and resulting in the loss of some distribution deals in China.

Global PC shipments increased to 90.4 million units in the third quarter, up from 85.6 million in the second quarter. Shipments rose 2.6 percent compared to 88.1 million one year earlier, short of the IHS iSuppli forecast of 6.8 percent growth.

Asian-based PC makers, including Lenovo, also outperformed their top-tier U.S-based rivals in the third quarter.

Asustek Computer delivered the best performance among the Top 5 brands, with 36 percent sequential growth. Acer achieved the third-best results after Lenovo, with shipments increasing by 6.8 percent.

Outside of the Top 5, Apple and Samsung ? ranked seventh and eighth, respectively -also reported very strong year-over growth of 27 percent and 36 percent in the quarter.


Previous
Next
Xbox 360 Sells Nearly 1M Consoles in Biggest Week in Xbox History        All News        Windows 8 To Efficiently Support Large Capacity Disks
Samsung Introduces 2GHz Dual-core Exynos 5250 Application Processor     PC Parts News      Windows 8 To Efficiently Support Large Capacity Disks

Get RSS feed Easy Print E-Mail this Message

Related News
HP to Buy Aruba Networks
Lenovo Develops Camera Smartphone Crossover Device
MWC: New Tablets By Lenovo
HP Introduces The Spectre x360 Convertible PC
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Lenovo Website Breached In The Wake Of The Superfish Case
Lenovo Installed Adware on Laptops: report
Lenovo Is Testing ARM-based Server
HP Delivers Predictive Analytics at Big Data Scale
Lenovo Reports Strong Quarterly Revenue
HP Led The Notebook Market In 2014
Motorola Returns To The Chinese Market with Three New Phones

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .