We already knew that things were looking up for Chinese PC maker Lenovo (HKG:0992) this past year when the company surpassed rival Dell (NASDAQ:DELL) for the number two spot in global PC shipments, just behind HP. And now Lenovo is reporting a few new milestones now that its third fiscal quarter results are in.
While the company holds its highest ever global market share at 14.0 percent, much of Lenovo’s success can be chalked up to strong performance in its own backyard. The manufacturer claims a dominant market share in China at 35.3 percent. Meanwhile in India, shipments were up 28 percent to reach yet another record share of 13.7 percent, while the company’s joint venture with NEC helped it’s business in Japan. All this has helped its third quarter profit jump 54 percent over the same time the previous year.
To get an idea for how well the Lenovo has performed here in Asia specifically, we took a look at figures from IDC’s Asia/Pacific Quarterly PC Tracker Report. As you can see by playing the animation below, its performance in 2011 really sets it apart from its main competitors in the region, Acer (TPE:2353) and Dell. HP (NYSE:HPQ), while dominating globally, does not perform quite as well in Asia.