HP has reclaimed its throne from rival Lenovo as the world’s largest PC manufacturer after four years, according to a data from research company Gartner.
According to data revealed by the Gartner, the overall all PC sales have fallen in the second quarter by 4.3 per cent from last year. However, among all the decline of PC sales only HP managed to grow faster than the rest—rising 3.3 per cent to 12.7 million units, with 20.8 per cent of the market.
"Becoming number one in market share was not an explicit objective," Ron Coughlin, president of HP’s global personal systems business told The Wall Street Journal. He said rather than try to gain market share at the expense of profit, HP has focused on the profitable segments of the market, such as gaming and convertible laptops, reported WSJ.
On the other hand, shares of Chinese firm Lenovo, who had been ruling the PC market from past four year, fell 8.4 per cent in the quarter, Gartner said....