For the first time in nine quarters, Lenovo saw a decline in its China PC business. Again, this is not a surprise given a 14% decline in worldwide PC shipments, according to IDC. But Lenovo, which enjoys well over 35% share of the Chinese market, can't afford to let this slippage become a trend. To that end, the company's Mobile Internet Digital Home (MIDH) segment has been an excellent offsetting vehicle. The MIDH division comprises of "every non-PC" aspect of the business, including smartphones, which grew 206% in the fourth quarter. Remarkably, for the second consecutive quarter, Lenovo's smarphone business, which gained an additional 3.5% market share to an overall 13% share, is outgrowing the overall Chinese smartphone market, which grew in the quarter at a rate of 117%. Meanwhile, total MIDH revenue surged 74% year over year and now accounts for 9% of the company's overall sales. I don't believe Apple and Samsung fear these results today, but it's nonetheless encouraging that MIDH segment is growing at such a brisk pace to the extent that the business has achieved profitability in such a short period of time.