Lenovo now leads most of world's top markets (2)

Yang said that Lenovo, now the world's largest PC maker, is looking to expand its tablet PCs and smartphone businesses too.

During the second quarter, Lenovo's worldwide PC shipments grew 10.3 percent and achieved the company's highest-ever worldwide market share of 15.6 percent.

For the whole of fiscal 2011, Lenovo said it had $29.6 billion in sales, and had commanded 12.9 percent of the global market as the second-largest PC maker.

Sales increased by 20 percent year-on-year in China in the same period, and sales in the Chinese market reached $3.9 billion, accounting for 44 percent of the company's worldwide sales.

In China, Lenovo had a 34 percent share of the PC market, up 2.4 percentage points year-on-year, and shipments increased 8 percent year-on-year during the quarter.

Its figures also reveal it sold about 8.6 million phones, of which a third were sold in overseas markets.

Of those, 7 million units were smartphones and the company now holds about 11.4 percent of the Chinese smartphone market, according to the US-based IT research company International Data Corp.

Wang Jiping, a senior analyst at IDC Asia-Pacific, said: "Mobile Internet products sold fast in China in the first three quarters of this year. Annual smartphone shipments grew 143.2 percent compared with last year."

Mobile Internet product sales in the quarter accounted for about 18 percent of Lenovo's domestic sales revenue, and grew 1.7 times compared with last year, to $676 million, said the company.

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