Lenovo Becomes PC Shipments Leader But Overall Sales Tumble
Lenovo has surpassed Hewlett-Packard (HP) to become the world leader in PC shipments. Unfortunately, new reports reveal that PC sales have taken a dramatic downturn.
Chinese PC maker Lenovo is well-known for its durable, business-oriented ThinkPad laptop. However, in recent years it has also become popular for its IdeaPad line, which offers impressive performance for a reasonable price (in fact, I’m typing this article on my very own IdeaPad).
The firm’s popularity in both the corporate and mainstream markets has helped it emerge as an industry leader. According to research firm Gartner, it now holds 15.7 per cent of the global PC market, 0.2 per cent more than previous leader Hewlett-Packard.
It’s worth noting, however, that IDC (another research firm) recently reported different numbers. It found HP in control of 15.9 per cent of the PC market, with Lenovo just behind at 15.7 per cent.
Regardless, it’s good news for Lenovo, which recently announced that it will be spending $800 million to expand its Chinese operations.
The reason: it needs a greater presence in the mobile market. It makes sense, given that the Gartner report also found that PC shipments in the third quarter dipped more than eight per cent from the same period last year.
The problem? Most experts believe people are buying tablet computers and smartphones instead of laptop and desktop PCs. Given the lower price point for these devices, that makes sense in a struggling global economy.
Lenovo CEO Yan Yuanqing made clear that his company is not satisfied with being #1 in a declining market.
“Becoming the clear leader in global PC share of course remains one of Lenovo’s aspirations, but it also only represents one more milestone in our journey as a company and our mission to become the leader in the PC+ era. This includes PCs, tablets, smartphone, smart TV, cloud and enterprise computing,” Yuanqing said.