Lenovo Market Share

This marks a second consecutive quarter of revenue growth for Lenovo after it suffered five straight quarters of revenue declines amid the post-COVID slowdown

Chinese smartphone brands are fast losing market share in Europe, North America, and Japan. On the other hand, Apple and Samsung have grown as people increasingly prefer premium devices

With total revenue of over $400 million across all Lenovo portfolios in India in Q3, the company continues to see good growth in the country

Agarwal said that it was still too early to assess the impact of the novel coronavirus on Lenovo's sales and supplies in India

Galaxy Tab A 10.1 (2019) series launched in last quarter is its best performing series with 45 per cent share as it also helped Samsung to slowly encroach on the tablet market space by 3 per cent.

Lenovo's warning amid mounting business uncertainty due to the U.S.-China trade war cast doubt on its sales outlook and took the shine off forecast-beating quarterly results

To increase market share, the company is expanding the retail network by opening 100 more exclusive stores this fiscal, in addition to the existing 600 across the country