Lenovo Statement on Becoming the World’s Second Largest PC Company

Lenovo has now surpassed Dell to claim the number two position – its highest rank ever – in worldwide PC shipments, according to preliminary data released today by International Data Corporation (IDC), a leading global provider of market intelligence for the consumer technology market.

Following five quarters as the fastest-growing PC maker among the world’s top vendors, the preliminary IDC data reports Lenovo achieving record market share of approximately 13.7% and record quarterly shipment volume of approximately 12.6 million units.

The following statement is attributable to Lenovo CEO Yuanqing Yang:
“Lenovo has captured incredible marketplace momentum to surpass two competitors to capture the #2 spot in worldwide PCs over the span of just two quarters. This is the highest rank Lenovo has achieved in worldwide PC sales and, given the current competitive environment, positions the company as a strong challenger to ultimately become the global market leader.
We are growing in the enterprise and the consumer space – and our customers know we are fully committed to the PC market for the long term. At the same time, we will continue to invest in innovative products that will help drive the convergence of technologies and services across all four screens – smart phones, tablets, PCs and smart TV. We must deliver a great user experience across all platforms to achieve our goal and become the leading personal technology company in the world. I believe we have the products, the team, the strategy and the momentum to achieve this long-term aspiration.”
About Lenovo
Lenovo (HKSE: 992) (ADR: LNVGY) is a US$21 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo, a global Fortune 500 company, has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.

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