Dell expands in China with $125B investment over five years
Dell plans to invest $125 billion over the next five years in China, the company's second-largest market outside the U.S.
The computers and IT services company is also collaborating with the state-controlled Chinese Academy of Sciences to set up an “Artificial Intelligence and Advanced Computing Joint-Lab,” and is expanding its own research and development team in the country to focus on technologies aimed at the Chinese market.
The company already employs nearly 2,000 senior engineers in its research and development team in the country.
Like many other U.S. technology companies, Dell appears to be making these investments in the country to win over large local government and private business.
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