Dell is attempting to make a massive push into the Chinese market after announcing that it intends to pump US$125bn into the country over the next five years.
The announcement was made by none other than Dell’s chief executive, Michael Dell, as the company plans to increase its influence in the world’s second-largest economy.
According to Reuters, the US$125bn will actually contribute approximately US$175bn to the company’s imports and exports, while employing more than 1m people in the country.
With a base in the country for more than 20 years, Dell had announced as far back as 2010 its intentions to invest in the country, promising that over the course of 10 years it would spend US$250bn on procurement and other investments in China.
Meanwhile, last January, Dell formed a partnership with one of the country’s largest state-run organisations, the China Electronics Corporation, as well as the municipal government of Guiyang in the southwest of the country.