PC shipments in Lenovo's home China market grew by 8 percent over a year earlier, down from the previous quarter's 59 percent. Sales in North America grew 7 percent to $1.2 billion in a market in which Lenovo said overall sales contracted by 12 percent.
Lenovo released a new version of its ThinkPad notebook computer, the X1 Carbon, in August that it said was lighter and quicker to appeal to customers who want the convenience of a tablet. Lenovo acquired the ThinkPad brand with IBM Corp.'s personal computer unit in 2005.
Lenovo said its acquisitions during the latest quarter included Stoneware, an Indiana software company focused on cloud computing.