Dell plans to invest 5 billion in China

Dell, the third largest PC maker in the world, announced its plans to invest $125 billion in China in the next five years. Depending on the country’s increasing technology market and fast-growing economy, Dell plans to expand its research and development centre for end-to-end solutions. On Thursday, CEO, Michael Dell announced the new “In China, for China” 4.0 strategy through a press release via the Business Wire. He also mentioned Dell’s future development plans for the Chinese market, which is the company’s second largest market after the U.S. In 2015, Prime Minister Li Keqiang officially included “massive entrepreneurship and innovation by all” and “Internet+” in the Government Work Report as priorities for China’s future economic growth. “Being an innovative and efficient technology company, Dell will embrace the principle of ‘In…

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