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

To: kemble s. matter who wrote (153948)	2/16/2000 5:53:00 AM
From: Dorine Essey	Read Replies (2) \| Respond to of 176387

Good morning Kemble, This will be another DELL day. We have waited so long and now it looks like we didn't wait in vain. DellDELL.Ostarts Asia Internet hub as sales rise SINGAPORE, Feb 16 (Reuters) - U.S. Dell Computer Corp, the world's No.2 computer maker, launched a US$5 million Internet data centre in Singapore on Wednesday to host regional websites and provide an e-commerce development base. "Time is the critical success factor of doing business on the Internet. The main objective is to provide optimal connectivity," Dell vice chairman Mort Topfer told reporters. Company officials told a news conference Dell would continue to pour in investments as its Asian business grows. Dell's Asia Pacific Internet traffic was routed through the United States. Topfer said Dell was working with local Internet service providers SingNet, a subsidiary of Singapore Telecommunications TELE.SI, and Nasdaq-listed Pacific Internet Ltd PCNTF.O to expand bandwidth for 50,000 transactions per week. Topfer was also confident that Internet revenue would comprise half of Dell's Asia Pacific revenue this year, from a current proportion in the mid-40s. "We think it's a very achievable target," he said. Dell earned about $1 million in Asian revenue daily via Internet transactions, compared with about $40 million globally. The Asia Pacific region, excluding Japan, accounted for less than a tenth of global turnover. Topfer said a new manufacturing facility in China, Dell's eighth-largest market worldwide, would be completed by the last quarter of this year. Its other production base in Penang, Malaysia would be expanded in about 18 months. "We expect in the next two or three years, China would be the second largest (PC) market in the world, so (it offers) tremendous growth opportunities," Topfer said. Penang churned out 60-70 percent of Dell's 12 million annual unit shipments from Asia in 1999, but the new China facility was expected to even out shipments from China and Malaysia. Dell's Asia vice president Ron Goh told Reuters Dell's Asian operations would continue to outpace sector growth despite an expected global slowdown in revenue growth. "My take is that we will continue to see aggressive growth. We are making huge inroads into each country," he said. Besides China, Dell was also eyeing Australia, India and South Korea, Topfer said. 870-3081; Fax (65) 776-8112, singapore.newsroom@reuters.com)) REUTERS Rtr 02:47 02-16-00