Lenovo Becomes Second Largest PC Maker WorldWide; Supasses Dell

Lenovo has surged pass Dell to become the world’s second largest PC maker, according to new data provided by research firm Gartner.

Lenovo, which purchased IBM’s PC division, shipped 12.3 million units in the third quarter, becoming the second largest PC vendor in the world for the first time. The company also increased its shipments by 25.2 percent compared to last year's third quarter.

The rise in shipments has been credited to a deal with NEC in Japan and aggressive marketing campaigns in consumer and professional PC markets.

The biggest surprise was HP; its market share increased by 5.3 percent between Q3’10 and Q3’11 despite analysts estimating its PC business would take a hit after it announced its plans to sell or spin off its PC division.

"As expected, back-to-school PC sales were disappointing in mature markets, confirming that the consumer PC market continues to be weak. The popularity of non-PC devices, including media tablets, such as the iPad and smartphones, took consumers' spending away from PCs,” said principal analyst at Gartner, Mikako Kitagawa.

"As the PC market faced a slowdown, vendor consolidation has become a more apparent trend in the industry. Lenovo's recent merger with NEC, and its acquisition of Medion, as well as HP's announcement that it may spin off or sell its PC business, underlined this trend during the quarter," he added.