Dell will focus on emerging markets to boost growth

[JCMach1]

Source: Gulf News

Michael Dell, the chairman and CEO of Dell Inc, on Sunday said the computer giant is targeting emerging markets as a key area of growth.

"When we look at our business, it's emerging countries like the UAE and Asia that are absolutely the fastest growing part of our business," Dell said.

"I think, generally speaking, developed economies, with the US being the big-gest, are the slower growing part of our business."

Dell made his comments during a press conference in Dubai. It was the company founder's first trip to the region...

"We are going to install a logistics hub here in Dubai, basically to provide distributions of Dell products through out this region and also into the east African region and beyond." Dale said the hub would eventually move to Logistics City.

While Dell would not give specific revenue for the region, David Marmonti, president of Dell's EMEA region, said the EMEA region made up less that 25 per cent of its total revenues, which is estimated to be $61 billion this year.

"We are making a number of changes at Dell, and it's important to understand that we're making those changes is that so we can invest in the things that we believe are critical to our future,"...

Read more: http://www.gulfnews.com/business/Technology/10203546.html

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So, this is where some of the Dell jobs are going.

[Cassandra]

1. This is why multi-nationals...

no longer want to invest in America; they can get a better return for their money elsewhere.

[Dr.Phool]

2. Halliburton is going to need a lot of new computers at their new HQ.

[soothsayer]

3. Our whole global economy is built on debt. That's why there's something like

$50 trillion worth of GDPs worldwide, but $500 trillion in derivatives. You need to keep finding new markets to bet on, or the whole Ponzi/pyramid scheme comes tumbling down.

[Juche]

4. Thats great

internet penetration is extremely important for commerce, education, health, democracy.

http://www.internetworldstats.com/stats.htm

[Imagevision]

5. Hey, if biz is slow in the USA? just take it up the road...plain and simple.