NEW DELHI: Chinese computer maker Lenovo pips HP to become the world's top PC maker in the second quarter (July-September) 2012 quarter, as per the research firms Gartner and IDC.
As per the research firm Gartner, Lenovo had a 15.7 per cent market share with shipments of 13.76 million units in third quarter of 2012 compared with 15.5 per cent share of HP (13.55 million units) during the same period.
However, IDC's figures are slight different, wherein Lenovo's share at 15.9 per cent (13.94 million units) compared to 15.7 per cent share of HP (13.82 million units) in the July-September 2012 quarter.
“In addition to acquiring other vendors, Lenovo has also taken an aggressive position on pricing, especially in the professional market. As a result, Lenovo has achieved significant market share gains over the last two years, exceeding regional average growth rates across all regions,” as per the statement issued by Gartner.
“HP is currently restructuring its device business, including PCs, tablets and printers. HP's main concern is achieving a good balance between market share gain and margin protection," it added.
According to IDC data, the worldwide PC market contracted sharply to 87.79 million units in the third quarter of 2012, with shipments plunging 8.6 per cent from 96.08 million units in the same period last year.
Jay Chou, senior research analyst, IDC Worldwide PC Tracker, said, “PCs are going through a severe slump. The industry had already weathered a rough second quarter, and now the third quarter was even worse. A weak global economy as well as questions about PC market saturation and delayed replacement cycles are certainly a factor, but the hard question of what is the 'it' product for PCs remain unanswered.”