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Dell to invest $125 billion in China’s 'unlimited potential'

2015-09-16 0 Dailymotion

As local PC makers including Lenovo grapple to raise revenue, U.S.-based Dell is making an all-out commitment to China, pledging to invest $125 billion over the next five years, citing the "unlimited potential" of the world's second largest economy.<br />"The internet is the new engine of China's future economic growth," said Dell CEO Michael Dell in a statement.<br />The statement hinted that Dell's investment would be focused on localizing the PC giant, as well as streamlining company goals with those of the current government.<br />China is currently in the midst of a giant policy push to bring up its tech sectors, boost infrastructure, and increase innovation among existing tech companies and institutions.<br />Earlier this year they announced the 'Internet Plus' policy, aiming to invest hundreds of millions in taking traditional industries online.

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