Dell to invest $100bn and more in China
17 Sep 2010
Multinational information technology corporation Dell Inc said it plans to spend more than $100 billion over the coming decade in broadening operations in China in an attempt to garner a wider share of the domestic market in what is now the world's second-largest economy.
It spent $23 billion in China in 2009.
The Round Rock, Texas-based company already employs about 6,000 people in mainland China, which are employed at the company's various operations, such as manufacturing plants in the south-eastern city of Xiamen, a product design and engineering centre in Shanghai and a service centre in Dalian, a city east of Beijing.
It also sub-contracts with manufacturers in the country.
Dell said that it is encouraged with a 52 per cent sales increase in mainland China in its most recent fiscal quarter. It is the second-biggest supplier of computer systems in China with a 9 per cent market share.
According to company spokesman David Frink, the $100 billion projection is a conservative estimate that will include purchase of components and products from the Chinese market.
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