Dell bets on Chinese innovation with 5 billion investment

Dell Dell plans to invest $125 billion over the next five years in China, betting on the country’s growing economy to provide alternative revenue sources beyond the dwindling PC market. The PC maker’s CEO Michael Dell announced Dell’s new strategy in Shanghai on Thursday. The chief executive said the new “In China, For China” strategy will include an investment of $125 billion over the next five years, $175 billion contributing to imports and exports, and will also “sustain one million jobs through the ecosystem.” Dell said the investment demonstrates the firm’s “long-term commitment to the Chinese market.” China is Dell’s second-largest market outside of the United States, and as PC sales to dwindle, it is critical that other avenues for business growth are explored. China, thanks to a growing economy…


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