• Lenovo laptop computers continued to be the largest contributor to the company’s sales worldwide, generating 57.5 percent of Lenovo’s total sales revenue during the second fiscal quarter. Consolidated sales for Lenovo’s laptop PC business worldwide in the second quarter increased 29.6 percent year-over-year. Lenovo laptop PC shipments worldwide in the second quarter were up 35.4 percent year-over-year, compared to an industry increase of 7.4 percent. During the quarter, Lenovo announced the ThinkPad Edge 14-inch E425 and 15.6-inch, E525. Both models are designed for small-to-medium (SMB) business customers and feature a slimmer, more polished design, complemented by powerful, reliable technology with voice and video capabilities. For consumers, Lenovo announced three new luxury laptops – the IdeaPad U300s ultrabook, and the U300 and U400 laptops, designed for fashion-minded customers, who want a product that is stylish, yet powerful and productive.
• Consolidated sales of Lenovo desktop computers worldwide increased 37.8 percent year-over-year in the second fiscal quarter, or 34.1 percent of Lenovo’s total sales revenue. Desktop shipments for the same period increased 36.3 percent, compared to an industry increase worldwide of 1.7 percent. The Company added to its popular all-in-one desktop PC lineup with the introduction of the ThinkCentre M71, designed for businesses, schools and government. The new ThinkCentre boasts a variety of performance features from fast boot to interactive touchscreen options and advanced conferencing features.
• Lenovo’s Mobile Internet Digital Home (MIDH) business in China saw handset unit shipments grow 39 percent year-over-year during the first fiscal quarter, compared to an overall industry growth rate of 31 percent. Feature phone shipments were up 28 percent year-over-year, in a market that saw only four percent growth overall. With the launch of Lenovo’s new entry-level A60 smartphone, early sales indicators that show Lenovo growing much faster than the market are encouraging. Lenovo’s previously announced tablets are starting to make headway, and Lenovo is already ranked number two in the China tablet market. During the second quarter, the previously announced ThinkPad Tablet, the Company’s first ‘business-class’, Android-based tablet, went on sale to customers in the U.S.A. and other markets, and as the second quarter closed, Lenovo announced the new IdeaPad Tablet A1, a consumer-friendly, seven-inch tablet based upon the Android 2.3 operating system.

ABOUT LENOVO

Lenovo (HKSE:0992) (PINK SHEETS:LNVGY) is a $US21 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.

* see IDC WW PC Tracker, 2011Q3 preliminary data

** includes Africa, Asia Pacific, Central/Eastern Europe, Hong Kong, India, Korea, Latin America, Mexico, Middle East, Pakistan, Russia, Taiwan, Turkey

***includes Australia/New Zealand, Israel, Japan, North America, Western Europe and global accounts