Lenovo China's market share rose 2.4 percentage points during the quarter to an all-time high of 32.2 percent. The firm, which contributed almost half of the company's total revenue, posted income of US$2.7 billion, up 18 percent annually.

In the mature markets, Lenovo's revenue hit US$2 billion, an increase of 22 percent annually, on higher demand in commercial PC opportunities in Western Europe and North America.

In the third quarter, Lenovo Mobile's revenue was US$218 million. Its handset shipments in China grew 52.2 percent in the quarter, or five times the industry growth rate of 10.3 percent, the company said. It also launched the Le Pad tablet computer in January to challenge Apple Inc's iPad.

"At the same time, we saw great momentum in our mobile Internet business which has doubled sales of Lenovo smartphones from previous quarter. This growth was driven by investments in marketing, product development and the creation of a new, more focused mobile Internet and digital home business group," Yang said.