Chen Xudong reveals Lenovo's global PC ambition: 35% share over the next 3 years

This morning, when the vice president of Lenovo Group and general manager of China Region Chen Xudong was guest CBSi (China), he pointed out that at present, Lenovo ranks third in the global PC market, but Lenovo’s goal is more than that.

According to Lenovo's recently published results report for the first quarter of fiscal year 2011/12, Lenovo has become the world’s fastest growing manufacturer among the top five computer manufacturers for the seventh consecutive quarter, and has leapt to become the third largest personal computer manufacturer in the world. During the quarter, Lenovo surpassed the market average for the ninth consecutive quarter. The Group’s global PC sales increased by 23.1% year-on-year, while the overall market sales increased by only 2.7% over the same period. Lenovo’s share in the global PC market reached 12.2%.

For the future goal, Chen Xudong said, “The Coca-Cola's share is more than 60%, and Lenovo is only 12% now. Of course, we are unlikely to get 60% of the share, but Lenovo has a plan to achieve 35 in the next 2 or 3 years. % of the share."