HONG KONG, July 11 Lenovo Group Ltd
shares rose as much as 2 percent on Thursday after major
technology research firms ranked it as the world No.1 in PC
shipments in the second quarter, although the PC market saw
overall sales fall.
Lenovo shares were up 2.0 percent at HK$7.04 during early
trade, outperforming the main Hang Seng Index's 1.9
Its PC market share rose 16.7 percent in the second quarter,
higher than Hewlett-Packard Co's 16.4 percent and up
from 15.0 percent during the same period a year earlier,
research firm IDC said.
IT research and advisory company Gartner said Lenovo reached
16.7 percent share this quarter, higher than HP's 16.3 percent
in the three months ending June. Both firms saw global PC
shipments slump 11 percent during the same period.