The woes of the PC industry are well known, and the situation isn’t getting any better. The research firm IDC has shown a 13.9% drop in global PC sales to 76.3 million units in the first quarter of 2013, almost twice as big as the estimated decline of 7.7%.
Despite the fall in the PC industry, the Chinese smartphone and computer manufacturer Lenovo(NASDAQOTH: LNVGY.PK) has continued to rise and is the only vendor among the world’s top 5 leading firms in this industry that has managed to avoid this global downfall. The company has been closing the gap between itself and the world’s biggest computer maker Hewlett-Packard (NYSE: HPQ), which is still on top with 15.7% of market share
