Chinese electronics giant Lenovo is looking to extend its grip on the PC space as it remains bullish on its dominance of what is a declining market.
Lenovo is the world's largest PC maker with a fifth of the world's market share, according to consultancy IDC, but saw shipments decline 7.5 percent year-on-year in the second quarter to 13.4 million units. Overall the PC market declined 11.8 percent.
But one Lenovo executive said that future consolidation in the market is keeping the company's outlook positive on the market.
"We are starting to see a big consolidation in the market… We think that probably within the next 24 months, maybe four to five players will leave," Gianfranco Lanci, chief operating officer at Lenovo told CNBC, in an interview last week.
"Four to five players leaving…means that you can have a different ambition in terms of market share, because with a big number of players, 20 percent share is a very good share, but with four or five players, 20 percent share is not a good share. We need to think about something much more ambitious."