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Dell's Q1 revenue rises in China, drops globally
By By Zhu Shenshen |
May 23, 2012, Wednesday
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Online Edition
Online Edition
DELL Inc's revenue in China increased in the first quarter from last year's same period despite a decline in its global revenue and net profit, the world's third largest PC maker said today.
Dell's first-quarter global profit fell 63 percent year-on-year to US$630 million while its global revenue slid 4 percent to US$14.4 billion.
The decline was attributed to reduced spending on computers in the United States and Europe and to the challenge from tablet computers like iPad, industry insiders said.
Dell's China business, however, grew 9 percent year-on-year, compared with an average 4 percent growth in BRIC countries including Brazil, Russia and India, thanks to the growing demand in their markets.
China surpassed the US this year to become the world's largest PC market and is expected to double the size of the US market by 2015 or 2016, according to Sean Maloney, chairman of Intel China.
Dell hopes to seize opportunities in China with its servers and Ultrabook, a super mobility laptop.
Dell's second-quarter global revenue is expected to grow 2 percent to 4 percent year-on-year, the company said.
Dell's first-quarter global profit fell 63 percent year-on-year to US$630 million while its global revenue slid 4 percent to US$14.4 billion.
The decline was attributed to reduced spending on computers in the United States and Europe and to the challenge from tablet computers like iPad, industry insiders said.
Dell's China business, however, grew 9 percent year-on-year, compared with an average 4 percent growth in BRIC countries including Brazil, Russia and India, thanks to the growing demand in their markets.
China surpassed the US this year to become the world's largest PC market and is expected to double the size of the US market by 2015 or 2016, according to Sean Maloney, chairman of Intel China.
Dell hopes to seize opportunities in China with its servers and Ultrabook, a super mobility laptop.
Dell's second-quarter global revenue is expected to grow 2 percent to 4 percent year-on-year, the company said.
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