Increases overall market share to 15.8% in the highly competitive Indian PC market
City : For the first time ever, Lenovo India has become the No. 1 PC vendor in the country, in terms of unit shipment (IDC Asia/Pacific Quarterly PC Tracker, Q1 2012), with an overall market share of 15.8%. This is for the quarter ended March 2012. Lenovo's rise to the top has been consistent over the past 3 years when it had a share of 4.8%. Lenovo's success in India mirrors the success the firm has had at a Worldwide level which had made it the fastest growing vendor in the Top 5 vendors for 10 quarters. It also increased its market share in the overall notebook segment to 21.2 %, taking the company to the #1 rank in overall Notebooks in the last quarter. The Enterprise business*, which has been No. 1 for 3 consecutive quarters in a row, continued to see a robust growth of 70.8 % Q-o-Q & 99.1 % Y-o-Y, taking Lenovo’s market share in this segment to 33 % and maintaining the rank of # 1 (market has grown 7.1 % Y-o-Y) in Q1 CY 2012
Sharing details with the media on the company’s success in the past couple of years, Amar Babu, Managing Director, Lenovo India, said “We are extremely pleased with our results in the past quarter. The success has been driven by our Protect & Attack strategy supported with investments in Brand, Retail and Channel. I thank our partners and customers for their support and confidence in Lenovo products. We will continue to strive hard to live upto our Customer's expectations and partner with our Channel partners in their growth'.
About Lenovo
Lenovo (HKSE:992) 9ADR:LNVGY) is a $US21 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 has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.
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