Lenovo is a Functional Dead Player in Computers
The world's top personal computer maker is a Chinese company originally founded by state-employed computer specialists. Although it remains a functional institution, it is no longer a live player.
With 25% of global shipments in 2023, the largest personal computer (PC) vendor in the world is the Chinese company Lenovo.1 It is the only PC maker to have significantly grown its market share in the last two decades, and is today trailed by HP (formerly known as Hewlett-Packard) with 22% of global market share, Dell with 17%, and Apple with 9%, while the Taiwanese computer makers Asus and Acer combined have 14%.2 The company’s leadership have long sought to position the company as a global rather than Chinese company; Lenovo is dual-headquartered in Beijing and Morrisville, North Carolina, while it is registered in Hong Kong, where it is also publicly traded with a market capitalization of about $18 billion (0992.HK) as of February 2025.3 Lenovo is also a major seller of tablet devices, smartphones, and servers, but does not lead in any of these categories. Lenovo was one of the first Chinese companies to adopt modern American corporate business practices and bring them back to mainland China.