Monday, December 04, 2006

Cisco CEO 'Would Love' to Team With Huawei


"John Chambers, Cisco Systems’ president and chief executive officer, would partner with Chinese rival Huawei Technologies if the opportunity ever arose.

"I would love to partner with Huawei," Chambers told reporters during a news conference at the Telecom World 2006 conference and exhibition organized by the International Telecommunication Union (ITU) in Hong Kong.

"That may or may not happen in the future," he said.

Huawei is based in Shenzhen, just across the border from Hong Kong, and has built a growing business on sales of telecommunications and networking gear. In addition to providing equipment to operators in China and in developing nations, Huawei has won significant deals from operators in Europe. In 2005, the company signed contracts worth US$8.2 billion, of which 58 percent came from outside China."


At 9:44 AM, Anonymous Penny Stocks Tips and advice said...

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