Computer maker Dell sees the current weak market as a chance to boost its global market share, chief executive Mr Michael Dell was reported as saying today.
Mr Dell was quoted as saying in Finland's business daily Taloussanoma: "We are now more competitive than ever and we have a 13 per cent market share. We would one day like to have 40 per cent . . . To rise to that would be a greater challenge than from zero to 13 [per cent].
"The industry's recovery will not bring growth to everyone . . . This is the time for the strong to get stronger and the weak to get weaker," Mr Dell said, according to the paper.
Dell became the world's largest PC-maker in the first quarter with a 12.8 per cent global market share. But like other tech firms it is feeling the bite of the slowing global economy, with the US PC market contracting in the first quarter.
The firm said last week it did not see any signs of recovery in the market until the fourth quarter.
Mr Dell's comments were made during a brief visit to Finland where he met with management at the world's largest mobile phone-maker Nokia which has said it aims for a 40 per cent share of the global handset market.
Nokia is also feeling the effects of the slowdown and it rocked markets last week when it warned second-quarter sales and earnings would be well below its previous forecasts.