DELL EYEING CHINA FOR GROWTH

Shanghai
The Times of India

Dell computer chief Michael Dell said his company would increase investment in emerging markets, and China in particular, so it can continue to grow as the world economy slows.

Demand for Dell products in China has continued to grow despite the weakening global economy, with sales up 33 percent year on year in the second quarter, the computer maker said at a briefing in Shanghai.

"China is one of the most critical emerging countries in the world," Dell, the company's chairman and chief executive, told reporters and analysts.

He said emerging markets would be key to the company's effort to continue growing faster than the industry average, along with developing mobile computing products and helping companies cut costs during tough times.

The computer maker's shipments in the Asia-Pacific increased 35 percent in the third quarter, nearly three times faster than the industry average of 12 percent, according preliminary figures compiled by technology analysts IDC.