Dell Inc Announces 5B Investment In China, Including Artificial Intelligence Lab

Computer manufacturer Dell Inc. will invest $125 billion in China over the next five years, as part of a new strategy to expand in the world’s second-largest economy. The company’s CEO, Michael Dell, said in a statement Thursday that the investment would contribute $175 billion to imports and exports and help sustain one million jobs in the country. “The Internet is the new engine for China’s future economic growth and has unlimited potential,” Dell wrote in a statement, cited by Reuters.  “Dell will embrace the principle of ‘In China, for China’ and closely integrate Dell China strategies with national policies,” he added. The company also announced that it would be expanding its research and development team in the country, with a view to producing products tailored to the Chinese market. As part of…


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