Lenovo Statement on IDC Q1 Preliminary PC Shipment Report

In response to IDC’s release of its Q1 2015 Preliminary PC Shipment Report, please see the following statement from Yang Yuanqing, chairman & CEO, Lenovo:

“This quarter and for the last two consecutive years, Lenovo again maintained the #1 position in the worldwide PC market by demonstrating outstanding innovation in the PC product line. We are proud that we achieved industry-leading worldwide share of 19.6 percent, highlighted by record market share in the U.S of 11.8 percent, up 1.1 pts. 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 $500m. 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.”

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