The computer maker saw a growth of 1.1% in global PC shipments, which doesn't look so bad when compared to the industry-wide contraction of 3.3%. The company has reportedly achieved its largest global market share since the acquisition of IBM's PC unit in 2005. Lenovo saw sales of $1.7 billion in China, flat from a year ago, and its shipments rose 15%.
The Beijing-based company has benefited from China's robust economy, which has grown 7.9% year over year and 1.8% from the previous quarter. They still face stiff competition in the region, with HP leading the market and Acer closing in on Dell's position at number 2.