Figures worked out by IDC say it is too early to tell if Lenovo will ever match HP but it is headed in the right direction.
Lenovo is growing thanks to the Asian market, but it is starting to make serious inroads into the US and Europe.
IDC said that in the middle of a recession, Lenovo's PC shipments grew by a whopping 43.7 percent compared with the first quarter of last year. Dell continues to hold the rubber duck award having lost 2.1 percent in comparison to last year.
Lenovo's shipped 11.7 million units and has 13.4 percent of the market in the first quarter this year.
HP, whose shipments reached 15.7 million units, grew by 3.2 percent year over year and had 18 percent of the market during the quarter.
Dell was in third place with 10.1 million units shipped and an 11.6 percent market share.
Jay Chou, senior research analyst at IDC, said that HP has regained some momentum after it lost credibility after thinking about becoming a business software company. Now it seems that customers are starting to buy again after all that rubbish has been spiked.