Thanks to the world economic recovery, Lenovo Group, the world's fourth largest personal computer (PC) manufacturer, posted a net profit of $80 million in the third fiscal quarter ending December 31, 2009, reversing a $97-million loss in the same period of the previous year.

Strong sales revenue, which increased 33 percent year on year to $4.8 billion during the quarter, propped up net profit and increased its global market share to 9 percent, according to its quarterly report filed to the Hong Kong stock exchange.

China remained Lenovo's biggest market. Its sales in China surged 45 percent year on year to $2.3 billion, accounting for 47 percent of its total.

The company also benefited from consolidated PC sales in both emerging and mature market. By the end of December, total sales revenue in the emerging markets, including India, Russia, and the Middle East regions, totaled $857 million, up 53 percent year on year. Mature markets, including Western Europe, Japan and Australia, rose 13 percent to $1.7 billion.

"Lenovo will focus on the mobile Internet market this year while maintaining its competitiveness in the PC market," said CEO Yang Yuanqing. Yang said Lenovo would not be satisfied with the 9-percent global market share but would try to acquire a much larger share.