24
Sep
Facing hard choices in the midst of China’s new banking cyber-security law, Cisco announces a $10 billion China initiative starting with a local JV with Inspur
With growing national security concerns surrounding imported western network equipment, China’s intensions have been to utilise homegrown network equipment to support its IT infrastructure. Tech giants like Cisco have been displaced to the sidelines with shrinking market share and deflating revenues in the Chinese market. It seems Cisco, who was…
