Ever since Hewlett-Packard leapfrogged Dell to become the world’s leading PC vendor, it has held onto that position firmly. But according to market research firm IHS iSuppli, HP now faces the “most serious challenge” to its throne in over three years with the emergence of Lenovo as the world’s second-largest PC brand.
With Lenovo’s ascension to the second spot having already been proclaimed by the likes of Gartner and IDC, IHS iSuppli merely reaffirmed the Chinese PC vendor’s new status on Wednesday when it announced global PC shipment numbers for the third quarter.
According to the market research firm, Lenovo’s worldwide PC shipments during the said quarter rose to 12.5 million units, up 14.5 percent from 10.9 million in the second quarter, exceeding “growth of the overall PC market, which expanded by only 5.5 percent during the same period, causing Lenovo’s share of global shipments to rise to 13.9 percent, up from 12.8 percent in the second quarter.”
In doing so, Lenovo not only leapfrogged Dell to take the second spot, but “managed to close its market share gap with No. 1-ranked HP to just 4.2 percentage points. This represents the closest any company has come to taking the lead position from HP since the second quarter of 2008—more than three years ago—when Dell came within 2.7 percentage points of the perennial market leader.”
Despite all the drama surrounding its PC business, the world’s leading PC vendor saw its shipments rise 5.9 percent from 15.4 million units in the second quarter to 16.3 million units in the third.