Lenovo wins record market share thanks to strong PC sales
Lenovo seems to one of the few PC vendors thriving in a weak market.
For its fiscal second quarter that ended September 30, the Hong Kong-based company scooped up record sales of $8.7 billion, a jump of 11 percent from the prior year’s quarter. PC shipments rose 10.3 percent, a healthy gain given that shipments for the overall industry fell more than 8 percent.
Based on data from IDC, Lenovo now holds 15.7 percent of the global PC market, its highest market share ever. It’s also hot on the heels of No. 1 Hewlett-Packard, which grabbed a market share of 19.5 percent last quarter. Another…