News Column

Lenono sees 15% jump in PC sales

July 10, 2014

Gao Yuan

Lenovo Chairman and Chief Executive Officer Yang Yuanqing (R) gestures beside Chief Financial Officer Wong Wai-ming during a news conference announcing the company's annual results in Hong KongMay 21, 2014.[Photo/Agencies]

Lenovo Group Ltd's global personal computer shipment saw a strong rebound in the second quarter, consolidating its position as the No 1 PC vendor, an industry report said on Thursday.

The Beijing-based electronics maker shipped 14,563 PCs from April to June, taking nearly 20 percent of the market share, said IDC, a United States research company.

Lenovo's PC market share jumped more than 15 percent compared to a year ago, further widening the gap between the runner-up Hewlett-Packard Co, who took 18.3 percent of the share, it said.

The Chinese company's continued aggressive expansion and pricing strategies boosted business growth.

"Lenovo grew in double digits in nearly all markets, though its home base in Asia Pacific remained challenging," IDC said.

Global PC vendors have to deal with the continuous shrinking demand for more than two years because of sluggish economy and aggressions from mobile devices such as tablets and large-screen smartphones.

Worldwide PC shipments totaled 74.4 million units in the second quarter, a year-on-year decline of 1.7 percent, according to statistics released by IDC.

It was the smallest decline in global shipments since the second quarter of 2012, it added.


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Source: China Daily: Hong Kong Edition

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