According to PCWorld

Dell will make significant investments in China to beef up the company’s regional presence, CEO Michael Dell said Friday.

Calling China one of the world’s fastest-growing economies, Dell said his company would purchase US$70 billion of hardware components from Chinese companies between last year and next year. In 2006, Dell purchased about $18 billion in technology components and related products from suppliers in China.

Dell officials have stressed the importance of emerging markets like China and India for sustained growth. Dell last year signed up Chinese consumer electronics retailer Gome to sell its PCs. For the fourth quarter of 2008, the company reported a 36 percent rise in combined sales in the emerging economies of Brazil, Russia, India and China, compared to a 17 percent increase in sales in the U.S.