Spunky Lenovo Stands By Statement to Whip Dell and Become Second Largest PC Vendor
Occasionally when a company talks to the Chinese media, statements get lost in translation or twisted out of context by the time they're converted to English. It happens, and had we awoken to find Lenovo denying reports it told a Chinese newspaper it fully expects shove Dell aside to become the world's second largest PC vendor in the world (in terms of market share) by the end of the year, we wouldn't have been surprised. But lest anyone doubt Lenovo was completely serious or that the company's comments had somehow been misconstrued, Lenovo today issued an open statement reiterating it expects to surpass Dell sooner rather than later.
"Lenovo has tremendous momentum in the market. We continue to not only outgrow the market, but also significantly outpace our competitors. With our own rapid growth, combined with the successful execution of our joint venture in Japan with NEC and our acquisition of Medion in Germany, we fully expect to be number 2 in worldwide PCs this year," Lenovo CEO Yuanqing Yang said in a statement. "PCs continue to be a very strong core business for us. Even as we invest in new areas like tablets and mobile internet, we see great opportunity in PCs around the world. We are committed to the PC space for the long term and expect it to continue to fuel profitable, balanced global growth for Lenovo."
Lenovo points out that for seven straight quarters, it has been kicking ass and taking names as the fastest growing major PC maker, and in Q1 hit a personal record high for both market share (12.2 percent) and unit sales (over 10 million) worldwide, propelling the company ahead of Acer for the No. 3 spot.
In China, which recently surpassed the U.S. as the largest PC maker, Lenovo is the top dog and continues to extend its lead over the competition. Lenovo's also No. 1 around the globe in emerging markets, and is the world's second largest vendor of all-in-one PCs.
Dell, your retort?
"Lenovo has tremendous momentum in the market. We continue to not only outgrow the market, but also significantly outpace our competitors. With our own rapid growth, combined with the successful execution of our joint venture in Japan with NEC and our acquisition of Medion in Germany, we fully expect to be number 2 in worldwide PCs this year," Lenovo CEO Yuanqing Yang said in a statement. "PCs continue to be a very strong core business for us. Even as we invest in new areas like tablets and mobile internet, we see great opportunity in PCs around the world. We are committed to the PC space for the long term and expect it to continue to fuel profitable, balanced global growth for Lenovo."
Lenovo points out that for seven straight quarters, it has been kicking ass and taking names as the fastest growing major PC maker, and in Q1 hit a personal record high for both market share (12.2 percent) and unit sales (over 10 million) worldwide, propelling the company ahead of Acer for the No. 3 spot.
In China, which recently surpassed the U.S. as the largest PC maker, Lenovo is the top dog and continues to extend its lead over the competition. Lenovo's also No. 1 around the globe in emerging markets, and is the world's second largest vendor of all-in-one PCs.
Dell, your retort?
