Published: Sun, January 13, 2019
Money | By Ralph Mccoy

Lenovo leads PC shipments for 4Q18 and for the year overall

Lenovo leads PC shipments for 4Q18 and for the year overall

"Just when demand in the PC market started seeing positive results, a shortage of CPUs created supply chain issues", said Mikako Kitagawa, senior principal analyst at Gartner.

The recent rise in PC sales was shortlived, and figures for the fourth quarter of a year ago show that we're back to our usual - either declining sales, or just being flat.

In the fourth quarter of 2018, Lenovo's PC shipments went up 5.9 percent, reaching 16.628 million units and market share raised to 24.2 percent from 21.9 percent in the same period of 2017. Kitagawa put this down to two factors: economic uncertainty among small to medium businesses and weak holiday purchases. The PC industry is driven by consumer demand in the fourth quarter, but a rocky stock market and volatility hampered demand.

Political and economic uncertainties in some countries dampened PC demand.

As for the annual state of affairs, Lenovo shipped almost 58.5 million PCs in 2018, with HP not too far behind with 56.3 million units shipped.

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A major factor for Lenovo's share gain was credited to a joint venture with Fujitsu formed in May 2018.

The top three vendors of PCs - Lenovo, HP, and Dell - increased their share of the global PC market, accounting for 63 percent of PC shipments in Q4 2018, up from 59 percent at the same time previous year.

Chinese PC maker Lenovo took the crown in the global PC market in 2018, followed by US-based companies HP and Dell, according to data from consultancy Gartner released on Thursday. For the full year, sales were down 0.4 percent.

This was due to a strong quarter in the United States for Lenovo, whereas HP suffered declines in shipments in most key regions - with Asia being the notable exception. HP Inc's market share was unchanged at 22.4 percent, with shipments falling 4.4 percent to 15.380 million. However, HP that came second on the list with a share of identical 23.4 percent, as of Lenovo, shows a decline of 3.2 percent year-over-year "due to a challenging quarter in the Americas". -China trade relations and the volatile equity market. Lastly, Apple retained the same fourth position with year-on-year growth of -3.8 percent, and Acer obtained the fifth position. As a result, the PC market in China is expected to suffer bigger declines throughout the year.

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