Despite diversifying into other growth areas such as mobile and the enterprise, Lenovo has said that it is still committed to maintaining its Number One slot in the PC market.
In response to the release of IDC’s Q1 2015 Preliminary PC Shipment Report, Yang Yuanqing, chairman & CEO of Lenovo, says the company will not let its focus slip when it comes to PCs.
“This quarter and for the last two consecutive years, Lenovo again maintained the Number One position in the worldwide PC market by demonstrating outstanding innovation in the PC product line,” Yuanqing says. “We are proud that we achieved industry-leading worldwide share of 19,6%, highlighted by record market share in the US of 11,8%, up 1,1 points year-over-year.
“We have had remarkable growth across all our businesses and success in building the Lenovo brand. I am tremendously proud of our broad success. Even as we continue to diversify and develop additional growth engines – like mobile and enterprise – we are fully committed to continuing to lead the way in PCs.
“PCs remain at the heart of our business, delivering 65% of our revenue and record pre-tax income last quarter of almost $500-million,” Yuanqing says. “Given industry consolidation, Lenovo’s consistent focus on innovation and delivering award-winning PCs, and our ongoing momentum, we are confident that PCs will continue to be a great engine of strong, profitable growth.”