PC maker stretches Asia Pacific lead

Lenovo has widened its market lead in the Asia Pacific region on the strength of its brand name in China and on its sales to the mainland education sector, the Standard of Hong Kong reported, citing a report by market research firm IDC. The company, which bought IBM's personal computer business earlier this year, shipped 20.4% of PCs and laptops sold in the region, excluding Japan, in the third quarter, up from 12.8% a year ago. IDC believes this means Lenovo has managed to stem the client exodus that blighted its business following the IBM acquisition, as IBM customers went elsewhere.