You are here: Home > Storage News >

EMC View China Market as "BRIC"

  DoSTOR @ 2008-07-25 Dostor.com

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
    [an error occurred while processing this directive]
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 vertical online portal, storage research and analysis, whitepaper download, ca-se study, e-learning, webcast and video etc. With five-years experience and m-ore than 300,000 registered enterprise users worldwide, Dostor.com has beco-me the most recognized storage media brand in Great China and worldwide.

Contact Us
Susan Shi (Senior Editor)
dostor@doit.com.cn