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Lenovo Revisits Fortune Global 500 List

PC maker Lenovo has returned to the Fortune Global 500 list of world’s largest companies by revenue at number 449.

The company announced that it has once again been featured in the coveted list since 2008, rubbing shoulders with the likes of Apple, Google and Hewlett Packard.

Lenovo took the happy occasion to point out that for the sixth quarter in a row, the company was the fastest growing PC among the top five PC vendors in the world. Lenovo also revealed that for the eight quarter in a row, its own growth was more than the worldwide PC market as a whole.

“Over the past two years, we have made significant progress in our journey toward becoming the leading personal technology company in the world, and our return to the ‘Fortune Global 500’ rankings serves as great recognition of Lenovo’s strong business results and our focus on serving our customers and business partners," said Yang Yuanqing, chief executive officer, Lenovo.

Meanwhile, the Fortune 500 List was dominated by US retail giant Wal-Mart at the top spot while Lenovo’s rival and world’s largest computer maker Hewlett Packard was at the 28th spot. Search engine giant Google and iPhone maker Apple were at positions 324 and 111 respectively.