Lenovo is the world’s largest PC manufacturer, although now it looks like the company is also becoming a major player in the mobile market.
Lenovo is now selling more smartphones and tablets than it does computers, and whilst PC sales have fallen, Lenovo have seen a significant increase in their tablet and smartphone sales.
Lenovo’s PC sales are down around 11 percent on last year, the company now describes itself as a PC Plus company, and their mobile sales have helped offset lost revenue from slowing computer sales.
“While driving profitable growth in our core PC business, we are rapidly transforming our company into a PC Plus company. The PC Plus market requires fast, efficient innovation as it moves quickly from premium products to mainstream ones and from mature market domination to emerging market hyper growth. This kind of market plays to Lenovo’s proven strengths. Lenovo is now better positioned than our competition to take advantage of these clear trends. ”
The majority of Lenovo’s smartphone and tablet sales have been in their home country of China to date, although this will change as the company is in the process of taking over Motorola, which will give them a strong foothold in the U.S. smartphone market.