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China'sLenovobuysanddiversifiestooutshinePCrivalsHYPERLINK"http://twitter.com/share"TweetLinkthisSharethisDiggEmailPrintRelatedTopicsHYPERLINK"http://uk.reuters.com/news/technology"Tech»QuotesSamsungElectronicsCoLtd005930.KS₩1,484,000.00-25,000.00-1.66%05/22/2013LenovoGroupLtd0992.HKHK$7.38+0.20+2.79%05/23/2013AcerInc2353.TWNT$24.55-0.25-1.01%05/23/2013ByLeeChyenYeeandUmeshDesaiHONGKONG|ThuMay23,20137:10amBST(Reuters)-LenovoGroupLtd'sboldacquisitionsinitsflagshipPCbusiness,aforayintomobilegadgets,andarelativelylightdebtloadaresettingitapartfromPCrivalsasindustryshipmentstaketheirsteepestfallindecades.Lenovo,asliverawayfromunseatingHewlett-PackardCoastheworld'stopPCmakerbyshipments,postedonThursdayanestimate-beating90percentriseinquarterlyprofit,itsfastestinsevenquarters.FREEGUIDESANDREPORTSFROMDIANOMIADVERTISEMENTHYPERLINK"http://www.wealthmanagement.dianomi.com/partner/reuters/brochures.epl?offer=773812&score=0&header=0&tag=smartlink:title.&smartreferer=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2013%2F05%2F23%2Fus-lenovo-results-idUKBRE94L18920130523&partner=17&ad=1711&savid=3852&topProductTypeId=719&top_pid=3448&tag=smartad&said=1107&adv=2251&psa=237499141"\t"_blank"AsianGrowthHowtocapitaliseonAsiangrowthDownloadFREEReport"TheyhavebeenaggressiveinacquiringseveraldistributorsindifferentregionssuchasHYPERLINK"http://uk.reuters.com/places/brazil"\o"FullcoverageofBrazil"Brazil,EuropeandJapanoverthepastfewyears,sothatbasicallygavethembetterdistribution,aswellasgainsinmarketshare,"saidWarrenLau,ananalystatMaybankKimEngSecuritiesinHongKong.TheChinesePCmakerpostednetprofitof$126.9millioninthequarterendedinMarch,upfrom$66.8millionayearearlier,basedonReuterscalculationsusingfull-yearandnine-monthfinancialdata.Thatbeatexpectationsofa$110millionnetprofitandwasthefastestpacesincethefirstquarterofthe2011/2012fiscalyear,whengrowthdoubled.ResearchfirmIDCsaidglobalPCshipmentsfell13.9percentyear-on-yearinthefirstquarterof2013,the
