Lenovo's growth is balanced across all geographical areas, within all customers, and production lines. This is thanks to their “protect and attack” business strategy; they keep improving on existing markets while searching for potential new markets. Operational profit for quarter increased by 48% and it's now more than $182 million. Net earnings per share for first quarter are 13.4 cents, while net money reservers were $3.7 billion. During the first quarter Lenovo announced they are establishing an industrial base in Vuhan, China, where the company will build an facility focused on research, development, and production of Lenovo mobile internet and household-line digital devices. The facility is expected to be open for business in Octoper 2013.

Notebooks made by Lenovo still represent the largest part of world-wide sales, representing 54% of Lenovo's earnings ($4.3 billion in first quarter) an increase of a 23% from the year before. Shipments of notebooks had a 27% increase which help Lenovo to take 15.4% of the notebook market. This puts it inches behind HP at 15.7%. Lenovo's strategies are obviously bearing fruit so it's is only a matter of time before Lenovo could become the leading seller in the notebook world.

Disucss this in our Forum