From ComputerWorld: Following in the footsteps of other U.S. companies like Hewlett-Packard and Intel, Cisco Systems is planning to tie up with a Chinese partner for joint development and better access to the local market, according to a report.
The networking equipment company is planning to announce a partnership with server maker Inspur Group during Chinese President Xi Jinping's visit to Seattle on Wednesday, The Wall Street Journal reported.
Cisco on Tuesday declined to comment on reports related to any specific announcements or companies. Company spokesman Nigel Glennie said the company is optimistic about the opportunities for its China team and is open to local partnerships playing a role in its future strategy. The company has done business in China for more than 20 years and learned the importance of having the right relationships, he added.
U.S. technology companies are struggling in the Chinese market against local rivals backed by the government as well as Chinese suspicions that they have been used by the U.S. to spy against the country, following revelations in this connection by former National Security Agency contractor Edward Snowden. One report disclosed that the NSA was intercepting and bugging networking and other equipment before it was sent to customers targeted for surveillance.
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