Lenovo solidifies status as the PC industry’s MVP

Lenovo Q2 2013 2014 Earnings

2013 has not been a good year for the PC market but Chinese manufacturer Lenovo has somehow managed to thrive despite facing the same set of challenging circumstances that have crushed OEMs such as Acer and Asus. As ZDNet notes, Lenovo actually grew its desktop PC shipments year-over-year in its second fiscal quarter this year, a pretty remarkable achievement given that overall desktop PC shipments declined by around 6% over the same period. Lenovo shipped a total of 14.1 million PCs on the quarter, which the company says gives it the fastest PC sales growth rate of any major vendor.

PCs aren’t the only area where Lenovo is thriving, however — the company says that it sold 2.3 million tablets on the quarter, a year-over-year increase of 420%. Lenovo is also pumping up its smartphone business and claims that it has seen a 78% year-over-year increase in overall smartphone shipments. All told, Lenovo looks like a prime contender to become one of the tech industry’s most important players in the coming years, not just for the declining PC industry but for the consumer electronics industry as a whole.

Source:
ZDNet
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