Dell plans to sell off all its PC manufacturing plants

Dell, the world's second-biggest maker of personal computers, is seeking to sell all of its manufacturing plants worldwide and has approached contract computer manufacturers, the Wall Street Journal reported, citing people familiar with the matter.

The proposed factory sales, intended to slash costs, mark a significant shift from Dell’s long-standing strategy of making its own products, the newspaper said. Instead, Dell plans to have contract manufacturers to make all its computers, the paper reported.