Dell Inc will invest US$125 billion in China over the next five years, a record high investment in its second biggest regional market globally, on supply chain, sales expansion and product innovation.
Besides the US$125 billion investment by 2020 , Dell will introduce fund Dell Ventures into China for the first time to support innovation and establish a cooperation with Kingsoft to offer cloud computing service in China. The company called the new strategy as In China For China.
“The Internet is the new engine for China’s future economic growth and has unlimited potential,” said Dell’s chief executive Michael Dell during his visit to Shanghai today. “China has influenced the world’s economy in a big way already.”
Dell has more than 8,000 employees and three manufacturing facilities in China since it entered the domestic market in 1995.
China is “critically important” for Dell as more than 65 percent of Dell products, including personal computers, servers and monitors, sold globally are produced in China. With the US$125 billion investment in China, Dell is expected to contribute US$175 billion to China’s imports and exports and creating 1 million jobs in the world’s second-biggest economy.
Dell fully supports and embraces China’s Internet Plus national strategy, it said. For example, Dell and Kingsoft, whose investors include Xiaomi’s CEO Lei Jun, signed a strategic partnership agreement on big data and cloud.
China’s Internet Plus strategy is in line with Dell’s business transform focusing more on business services such as cloud from focusing on sales of PC. The development of Chinese dot-com firms will also boost Dell’s sales of servers, analysts said.
Meanwhile, Dell will greatly expand distribution channels in China from about 11,700 stores now. It will open an end-to-end research center specifically for Chinese customer demands.
These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.
Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advise and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.
Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessing of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and unknowledgeable investment advice can be disastrous and thus should be avoided.
CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.
For Further Queries Feel Free to Contact :
For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : email@example.com
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora
Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.
The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.
Tagged: China, cloud computing service, CWIIL Group Companies, Dell Inc, Dell Ventures, economic growth, exports, imports, In China For China, Internet Plus strategy, investments, Kingsoft, Lei Jun, Michael Dell, product innovation, sales expansion, strategic partnership agreement, supply chain, Xiaomi