Lenovo reverses PC shipment decline to retain No 1 spot for global sales
The Chinese technology giant held a 21.3 per cent share of the global market in 2016, just ahead of rival HP on 20.9 per cent
Lenovo Group ended six consecutive quarters of declining shipments to retain its spot as the world’s largest personal computer supplier last year, despite sliding global sales across the industry.
That enabled the Chinese technology giant to maintain its place at the top of the global personal computer market for a 15th straight quarter.
The broad personal computer market has been static as technology improvements have not been sufficient to drive real market growth
IDC estimated that Lenovo’s fourth-quarter shipments advanced 1.7 per cent to 15.693 million units, up from 15.434 million in the same period of 2015.
Total fourth-quarter shipments for the industry, meanwhile, were down 1.5 per cent year-on-year to 70.203 million units, it said.
“The fourth-quarter results reinforce our expectations for market stabilisation, and even some recovery,” IDC vice-president Loren Loverde said. “We have a good opportunity for traditional personal computer growth in commercial markets, while the consumer segment should also improve as it feels less pressure from slowing phone and tablet markets.”
