Dell says China crisis not a problem

Dell boss Michael Dell is upbeat about China, even if the market appears to be slowing down.

China, which accounts for about $5 billion of Dell’s annual revenue, has covered his bottom as the US and Europe market looked unwell.

Dell told Reuters that even if the world’s No.2 economy is decelerating its growth still outpaces that of most countries.

He said he was bullish on markets like China, India, Brazil. Even Africa accounts for $1 billion in annual revenue that is expected to grow exponentially.

He admitted that there were some challenges in China and business was slowing down.

Dell was also not seeing much point in trying to move into the consumer business. He wants to stick to a strategy of serving corporate PC customers.

Dell said that PCs are an important part of our enterprise business. We are very focused on enterprise solutions and PCs are an important part of that. Just in case that does not work, Dell is building up a stronger software business too, he said.