CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Welcome to the new I.T.
One that streamlines service delivery
Learn how with new I.T. from BMC

Discover it here: www.bmc.com
Wednesday, April 23rd 
The future of tape is here.
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Mobile Tech

Lenovo a Shining Star in PC Market Storm

Lenovo a Shining Star in PC Market Storm
November 8, 2013 10:34AM

Bookmark and Share
A yearly increase of 78 percent in Lenovo's smartphone sales might be impressive enough, but it has also increased its desktop PC shipments in its second quarter year-over-year. The industry as a whole saw a decrease of 7.6 percent, while Lenovo's global PC market share increased to 17.3 percent in the period, up from 15.7 percent a year ago.

Neustar, Inc. (NYSE: NSR) is a trusted, neutral provider of real-time information and analysis to the Internet, telecommunications, information services, financial services, retail, media and advertising sectors. Neustar applies its advanced, secure technologies in location, identification, and evaluation to help its customers promote and protect their businesses. More information is available at www.neustar.biz.

Other PC makers may be hurting, but Lenovo is not. The world's largest PC maker posted a $219 million quarterly profit on Thursday, boosted by sales of tablets and smartphones.

Lenovo has big plans for smartphones, which currently comprise 20 percent of its sales. The company is planning on increasing that to 50 percent within five years, with a focus on emerging markets.

CEO Yang Yuanqing told news media that the aim was to sell competitively priced smartphones in places where most buyers are not able to afford an Apple iPhone, a strategy which the company has successfully undertaken in Asian markets. In Indonesia, for instance, Lenovo scored a 13 percent market share in a year, with higher profit margins than it achieves in its home base of China.

Increased PC Shipments

Yuanqing told Bloomberg News that, in emerging markets, "the iPhone is probably not the best-selling product," and Lenovo's smartphones can be "much more competitive."

Lenovo, which said its overall smartphone shipments have increased 78 percent year-over-year, is reportedly expecting to sell its smartphones in 20 new markets or more in the next year or two, focusing on the Middle East, Latin America and Africa.

The Chinese company's careful strategy in growing its smartphone market would be impressive enough, but it has also increased its desktop PC shipments in its second quarter, year-over-year. The industry as a whole saw a decrease of 7.6 percent over the same period, while Lenovo said its shipment of 14.1 million PCs in the quarter was the fastest sales growth of PCs for any major vendor. Additionally, Lenovo global PC market share increased to 17.3 percent in the period, up from 15.7 percent a year ago.

Lenovo's tablet sales were also booming, with 2.3 million sold in the quarter, for a 420 percent increase year-over-year.

Interest in BlackBerry?

Charles King, an analyst with industry research firm Pund-IT, told us that Lenovo "recognizes personal computing is not linked to personal computers." It has successfully made the move beyond PCs, he said, even as competitors like HP and Dell have found that the smartphone market is "extremely hard to crack."

King added that Lenovo has "done a very good job of expanding its product families and maintaining high standards of quality," going back to when the company first bought IBM's PC division and, facing doubts by many industry observers, maintained the ThinkPad as what he called "the Mercedes Benz of PCs." The company's successful transition into mobile devices, King said, is helped by its strength in its home market of China, the largest national market in the world.

There have been reports that Lenovo was seriously considering making a bid on all or part of the beleaguered BlackBerry, which could give it access to a major installed base in business and consumer markets but also comes with issues, such as what to do with that company's new and proprietary BlackBerry 10 platform.

But BlackBerry appears to have taken itself off the market this week, receiving a $1 billion cash infusion from investors led by Fairfax Financial Holdings, and replacing its CEO with an interim one. Additionally, a recent report in The Globe and Mail newspaper said the Canadian government had decided that a Chinese owner of Canada's major smartphone maker was not acceptable because of national security, but Lenovo CFO Wong Wai Ming said Thursday that no government has yet indicated such concerns.

Tell Us What You Think
Comment:

Name:



 Mobile Tech
1. Samsung: $2.2B Too Much for Apple
2. Review: Windows Phone Advances
3. Microsoft-Nokia Deal Closes this Week
4. Samsung Data Center Catches Fire
5. Project Ara Phone Version Ahead




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Cisco, IBM Launch Internet of Things Consortium
3. Salesforce CRM Gets Industry Specific for Internet of Customers
4. Intel Bets on Cloudera for Big Data Analytics
5. SAP HANA Data Warehouse App Gets Faster Analytics

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  Hortonworks, Concurrent To Partner
  Microsoft, BMC Targeting VMware
  AT&T in $500M Net Video Partnership
  Verizon Report Exposes Cyberthreats
  Samsung: $2.2B Too Much for Apple

 Technology Marketplace
Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Enterprise Hardware
Barium Ferrite (BaFe) is the future of tape.
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
Verizon Data Breach Report Exposes Top Threats
Beyond Heartbleed, there are cyberthreats vying to take down enterprise networks, corrupt smartphones, and wreak havoc on businesses. Verizon is exposing these threats in a new report.
 
Where Do Web Sites Stand, Post-Heartbleed?
A security firm says the vast majority of Web sites have patched themselves to protect against the Heartbleed bug, but now there are questions raised on the reliability of open-source programs.
 
White House Updating Online Privacy Policy
A new Obama administration privacy policy explains how the government will gather the user data of online visitors to WhiteHouse.gov, mobile apps and social media sites, saying much is in the public domain.
 
Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.