There's still life in the PC according to buoyant Lenovo

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There's still life in the PC according to buoyant Lenovo

Simon Quicke

Lenovo has continued to build on a positive last couple of months, where it managed to secure second place in the global PC market, setting out its belief that there is plenty of life left in the market.

Despite the analyst numbers showing declines in EMEA in both enterprise and consumer spending on desktops and laptops Lenovo, which has the benefit of enjoying strong market share in China, bucked the trend with sales of $7.8bn and pre-tax profits of $165m in its second fiscal quarter.

Mature markets did see a decline of 3% but the vendor has managed to keep things ticking over by taking market share with the UK mirroring the general trend with the arrows pointing upwards.

"The latest IDC figures now rank us as number five out of the top 10 PC manufacturers in the UK with a share of 7.8% - that's a year to year growth of 22.8% and a jump of two places in the rankings.  We are seeing opportunities for growth across all our business sectors - consumer, commercial and public sector and in particular in the last quarter there has been significant traction in the workstation space," said country general manager UK, David Blackmore.

"We are confident that our third quarter will be just as positive as the last.  We are continuing to invest across the business to ensure growth and are firmly on course to reach our strategic goal of 10% market share in the UK within two years," he added.

But it will be the comments and the confidence shown by the vendor's CEO that will give the clearest indication that those selling PC hardware are nowhere near throwing in the towel in the sector and comes less than a week after Hewlett-Packard indicated it intends to stay the course in the market.

"We are very optimistic about the future of the PC industry. Our aspiration is not only to be the leader of traditional PCs, but to also accomplish much more in the extended PC categories, such as the smartphone and tablet," said Yang Yuanqing, Lenovo CEO.

Related Topics: Desktop PCs, VIEW ALL TOPICS

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