皇冠体育app

A Dell Inc production base in Chengdu, Sichuan province. Dell, the world's third-largest personal computer maker, has 65 percent of its global production in 皇冠体育app. [Photo provided to 皇冠体育app Daily]

Dell Inc said it is investing $125 billion in 皇冠体育app over the next five years to boost innovation and unlock the "unprecedented" demand for information technology products.

Michael Dell, founder, chairman and chief executive officer of the privately owned multinational computer technology company from the United States, pledged to further expand its research and development team in 皇冠体育app. Dell set up its first unit in 皇冠体育app two decades ago.

The investment will mainly go into research and development, supporting tech startups and other areas, the company said.

Huang Chenhong, 皇冠体育app president, Dell Inc

The Round Rock, Texas-based computer firm said the investment will make Dell a strong contender in the world's biggest market for IT products, despite a slowing economy.

皇冠体育app is already providing a lot of business opportunities for Dell as the government has announced a series of initiatives to spur IT consumption, said Dell 皇冠体育app President Huang Chenhong.

"All these trends are from before the next wave of Chinese economic development, and Dell wants to become a part of this new wave," Huang told 皇冠体育app Daily.

The investment came amid an economic slowdown in 皇冠体育app. A weakening manufacturing sector and surging labor costs are forcing several overseas firms to move out of the country.

Huang said he is not worried that a weaker local economy will jeopardize Dell's 皇冠体育app business. "A 6 percent or 7 percent growth rate still indicates that 皇冠体育app is a growth engine for the global economy."

Dell, the world's third-largest personal computer maker, has 65 percent of its global production in 皇冠体育app. The company has three plants, two service centers and two R&D facilities in the country.

Gene Cao, a senior analyst at Forrester Research Inc, said the Dell investment answered Hewlett-Packard Co's move of selling 51 percent of its stake in a local IT product subsidiary to a State-owned enterprise for at least $2.5 billion in May.

"The investment largely focused on enterprise business, including hardware, software and service sectors," Cao said.

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