Lenovo overtakes HP as world's largest notebook manufacturer

Market analysts from TrendForce have published their latest findings on the notebook market as of Q1 2016. Accordingly, Lenovo was able to push HP back into the number two spot with higher worldwide market share. In total, TrendForce estimates that 35.62 million notebooks were shipped from the top 8 manufacturers to represent a QoQ drop of 19 percent and a YoY drop of 7.3 percent.

Apple MacBook shipments tumble by 40 percent

Apple experienced the largest decline in shipments with a QoQ drop of 40.4 percent and subsequently dropped from fifth place to sixth. The trend is reflective of the company's latest financial figures where profits fell almost as sharply.

HP now in second place

Unlike Apple, Lenovo experienced a QoQ drop of "only" 10 percent, but the Chinese company still managed to grow in more market share from 19.9 percent in Q4 2015 to 22.2 percent in Q1 2016. HP dropped slightly in market share from 20.9 percent to 20.4 percent during the same period.

Dell holds steady while Asus, Acer, and Toshiba slip further

Dell, Samsung, and Lenovo were the only three manufacturers in the top 8 to have grown in market share QoQ despite some large drops in shipments. Competitors like Asus, Acer, and Toshiba experienced even larger declines in shipments at 28.9 percent, 24.7 percent, and 36 percent, respectively. Meanwhile, Samsung sits firmly in last place with a quarterly growth of 43 percent for a total market share of 2.2 percent. The surprising growth can be attributed to new regions and markets that the South Korean manufacturer is only now reaching out to.

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