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Dell to buy $23 billion in components from China

Dell Inc, the world's second-biggest personal computer maker, said it plans to buy $23 billion worth of components and other parts from China in 2008.

The company disclosed the plans amounting to a 28% jump from $18 billion the year before in a statement issued to reporters in Beijing.

Rivals including Hewlett-Packard Co and Apple Inc have benefited recently from falling prices for computer components such as memory, monitors and disc drives. (Reuters)