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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lancer who wrote (139928)	8/19/1999 4:16:00 AM
From: Lancer	Read Replies (1) \| Respond to of 176387

Dell <DELL.O> to shift Asia headquarters to S'pore SINGAPORE, Aug 19 (Reuters) - Dell Computer Corp plans to move its headquarters to Singapore from Hong Kong, Morton Topfer, vice chairman of Dell Computer Corp said on Thursday. Topfer told a news conference the company was in negotiations with Singapore's Economic Development Board about expanding its capability in the city-state. "We are having discussions with the Singapore government about expanding our capability and infrastructure in Singapore to take advantage of a lot of the technological advantages that exist here," he said. He said Dell, which employs about 130 people in Singapore, was set to increase its staff numbers substantially as it worked towards being the number one personal computer company in Asia in the next three to four years. Dell, which started its Asia Pacific operations about four years ago, was ranked seventh in Asia. John Legere, who oversees Asia Pacific, Europe, Middle East and Africa, said Hong Kong was not the city to provide Dell with "centricity or the economic incentives to scale its business." He said Hong Kong would remain a sales office for the China region and all main technical support staff were now in Singapore. Penang, Malaysia would remain Dell's main manufacturing hub in Asia supplying products to the region including Japan. "Singapore will be where we put all our central staff and it will also be where we put some of the higher technical capabilities including the hub of our Internet activities," Legere. He said Dell was negotiating to set up a web server farm in Singapore and that it would be the hub of the firm's business. MORE Rtr 03:27 08-19-99