Adam Roseman Online

Lenovo, the Chinese computer manufacturer, announced a few months ago that the market share gap between it and HP has been reduced to 2%.

Adam Roseman of ARC China explained in a newsletter: “Lenovo reported record sales of $8.4 billion for the company’s fiscal third quarter of 2011. It also won a global market share of 14%, making the company the second-largest PC maker by market share, after reducing the gap with HP to 2% from 9% in 2010, according to the IT research company International Data Corp.

The company attributed its performance to a dramatic surge in sales of Internet mobile devices and growth in mature markets. The company said sales revenue for its Internet mobile devices, including tablet PCs and smartphones, grew 159% year-on-year to $565 million between October and December.”

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