Surprise! Lenovo is World’s Third Largest Smartphone Vendor

Maximum PC: Life is good for Lenovo. The OEM figured out the secret formula for thriving in a technological landscape that finds itself in a midst of a transitory phase, and as such, it grew its desktop PC shipments last quarter by 1 percent when the industry averaged a 6 percent decline. Laptop sales went up 8 percent, and as for the mobile handset sector, Lenovo is now the world's third largest smartphone vendor.