EMC Corp., a U.S.-based data storage system company, said Friday it plans to invest US$500 million in China by 2010, extending its push into Asia.

EMC's investments in China include plans for a research and development center in Shanghai, the company's chief executive officer Joe Tucci said in a presentation.

Earlier this week, EMC said it will invest an additional US$250 million in India, doubling its total investment to US$500 million by 2010.

Figures for EMC's total investments in China so far were not immediately available.

Hopkinton, Massachussetts-based EMC makes systems that store and manage large volumes of data.

EMC's shares fell 1.72 percent to US$11.44 Thursday on the New York Stock Exchange.

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