You are here: Home » Storage News »

EMC View China Market as BRIC

DoSTOR @ 2008-07-28 17:35 Dostor English

DoSTOR July25, 2008--EMC released its second quarter results this week. Though in a tough economic, EMC posed revenues of $3.67 billion, an 18 percent hike on the same period last year.

It's the first time we hear "BRICs" in EMC's financial report. BRICs refer to the combination of Brazil, Russia, India, and China. Goldman Sachs believes that economies of the BRICs are rapidly developing and by 2050 will eclipse most of the current richest countries of the world.

For EMC, China is a BRIC indeed. Joe Tucci, EMC's Chairman, President and CEO said that the BRICs and other 13 countries' emerging markets is an important growth point of  EMC's global business.

As one of the leading market, China's growth rate far exceeded the Asia-Pacific region and Japan's growth rate of 27%.


printPrint | closeClose
top stories
News letter
Subscribe China Storage Weekly , catch China storage trends.
About Dostor.com
Dostor.com is a leading online media focus on storage networking and Value-Added information service provider for great China and worldwide. Dostor.com provides an array of service including online portals, storage trend analysis, storage research, whitepaper downloa-d, case study, e-learning and online st-orage solution etc. With five-years exp-erience and more than 300,000 registe-red users worldwide, Dostor.com has become the most recognized Internet media brand in China and worldwide.
Contact Us
Susan Shi (Senior Editor)
susan.shi@doit.com.cn