According to preliminary results from the International Data Corporation (IDC) Global Quarterly Personal Computing Device Tracker, the global traditional personal computer market (including desktops, notebooks, and workstations) demonstrated continued vitality and accelerated growth in Q3 2025. Total shipments reached 75.9 million units, representing a 9.4% increase compared to the same period last year (69.3 million units).

Against the backdrop of a strong market recovery, LENOVO GROUP's performance was particularly outstanding, not only retaining the top position in global PC market share but also successfully expanding its lead over competitors. According to IDC's latest data, LENOVO GROUP achieved PC shipments of 19.4 million units in Q3 2025, capturing a market share of 25.5%. More notably, Lenovo achieved a 17.3% year-over-year growth rate, significantly outpacing the market average (9.4%) and exceeding all top five major competitors. This high growth rate demonstrates that Lenovo is actively and effectively capturing market share from competitors, rather than merely benefiting from natural market recovery.

Chart: Q3 2025 Global Traditional PC Vendor Shipments, Market Share, and Year-over-Year Growth Rates (Data Source: IDC, Shipment Units: Million Units)

Lenovo, with its 25.5% market share, widened the gap with second-place HP Inc. (19.8% market share) to 5.7 percentage points. This expanding lead reflects how leading manufacturers with efficient supply chains and extensive enterprise channels are accelerating market concentration during the current period of concentrated demand and replacement cycles.

Additionally, Dell Technologies, which has strong capabilities in the commercial market, achieved only 2.6% growth this quarter, with its market share declining from 14.2% in the same period last year to 13.3%. Dell's sluggish growth further confirms Lenovo's superior execution capabilities in capturing high-value enterprise replacement orders driven by Windows 11.

In the current complex global trade environment, supply chain stability and operational resilience have become key factors determining PC manufacturers' market performance. Lenovo's outstanding performance benefits from its excellent operational capabilities, including its unique ODM+ manufacturing model and flexible "global/local" operational strategy. This structure enables Lenovo to maintain efficient cost control and rapid delivery capabilities when meeting large-scale, high-standard enterprise procurement requirements.

Lenovo's "global resources with local delivery" model allows it to establish effective risk hedging mechanisms. The effective implementation of this globalization strategy ensures the company can always maximize benefits from market demand worldwide, avoiding fatal impacts from single regional market fluctuations.

LENOVO GROUP's current leading position in the PC market also provides a solid financial and strategic foundation for successfully leading the AI PC era. The PC industry is transitioning from traditional iteration cycles driven by operating systems to innovation cycles driven by AI computing power deployment and new application scenarios. Market research firm Canalys believes AI PC shipment penetration could reach 70% by 2028, with AI PCs expected to achieve a compound annual growth rate of 44% from 2024-2028.

To this end, Lenovo is actively executing its "Hybrid AI" vision. This strategy focuses not only on device-side AI but is committed to building comprehensive "Personal AI" and "Enterprise AI" full-stack solutions. Lenovo's Hybrid AI vision covers the entire AI infrastructure from high-performance AI PCs to edge computing and cloud computing, aiming to provide customers with more secure and reliable AI-driven work environments.

Recently released Q1 FY25/26 financial results showed that during the reporting period, Lenovo's AI PC shipments accounted for over 30% of total PC shipments, with Windows AI PC market share expected to exceed overall Windows PC market share, maintaining the top position in the global Windows AI PC market. In the Chinese market, AI PCs with five key characteristics accounted for 27% of total notebook shipments.

Through continued investment in R&D and execution of its "Hybrid AI" vision, Lenovo is converting its existing market advantages into long-term competitive advantages in technology and value, ensuring a favorable position in the new growth track of AI PCs.