Lenovo's ThinkPad Edge.
(Credit: Lenovo)
The PC market may see a new leader by the end of the year, says at least one analyst quoted by Reuters.
Currently in second place, Lenovo is set to overtake HP as the top seller, making it the first Chinese vendor to grab the No. 1 spot in a key technology sector.
"It's just a matter of time before Lenovo becomes No. 1 and it won't be surprising at all if it happens later this year," Frederick Wong, executive director at Avant Capital Management (Hong Kong) Ltd, told Reuters.
Lenovo stole the No. 2 spot from Dell during last year's third quarter, according to Gartner and other researchers. Since then the company has continued climbing the charts and is now hot on HP's tail.
A July 11 report from IDC pegged Lenovo's worldwide second-quarter market share at 14.9 percent, compared with HP at 15.5 percent. Gartner found an even tighter race, giving Lenovo 14.7 percent of the market and HP 14.9 percent.
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