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Michael Dell adds to mounting worries about Chinese tech demand, stating Dell (DELL -0.4%) is...

Michael Dell adds to mounting worries about Chinese tech demand, stating Dell (DELL -0.4%) is experiencing a slowdown in the country, its #2 market after the U.S. Of course, Dell is also facing tough competition in China from Lenovo (PCs) and Huawei (IT gear). Yesterday, Chinese telecom equipment giant ZTE warned of slowing orders from local carriers. Separately, Dell is announcing a $60M VC fund aimed at storage investments. (earlier)
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