Thursday, June 23, 2005

Cisco Sees China as No. 2 Market in 10 yrs

From Reuters: Cisco sees China as No. 2 market in 10 yrs

"Cisco Systems Inc. expects China to become its second-biggest market within 10 years, the network equipment maker's country chief said on Wednesday.

Growth would come as China's mobile and fixed-line carriers upgraded their networks, government offices put more functions online and the country built more infrastructure, said Jia-Bin Duh, president of Cisco Systems China."

"More than 20 percent of Cisco's total manufacturing budget is spent with outsourcing partners in China, the company said later.
Last month, Cisco opened its ninth office in China, in the city of Urumqi in the far-flung western region of Xinjiang Uygur."


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