Dell has gotten a delisting notice from Nasdaq. Its share of the PC market is dropping.

Like many other US company’s maybe it will try to find the solution to its problems by expanding in China.

Late rumors are that Dell may be buying Beijing Founders PC operations. If Dell could combine this with its own PC operations there, it would have 23% of the market in a country where PC sales are still moving up rapidly.

If Dell can complete the deal, which is said to be worth $800 million to Founders, the US PC company could increase its ability to compete with HP, Lenovo, and Acer in the Asia-Pacifit market.

Dell needs the deal, very, very badly. If it can’t close, it is another bad sign for the company.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com. He does not own securities in companies that he writes about.