Topic

Cisco Systemsi

Cisco Systems is a US company based in San Jose in California that designs, manufactures, and sells networking equipment. 

Advertisement

US-China relations have quickly become the last thing many business leaders on both sides are willing to discuss publicly, following US president Barack Obama's sharp criticism of Beijing's new rules regarding American tech firms.

Advertisement
Advertisement

China has dropped some of the world's leading technology brands from its approved state procurement lists in what some analysts said was a response to cybersurveillance.

US technology companies including Cisco Systems, International Business Machines and Microsoft may face new challenges selling their goods and services in China as fallout from the US spying scandal starts to take a toll.

Cisco Systems is cutting 4,000 jobs, or 5 per cent of its workforce, as it makes a fresh attempt to cut costs and refocus on growth areas amid uncertain demand for its networking equipment.

The US government is hacking Chinese mobile phone companies to steal millions of text messages, Edward Snowden has told the South China Morning Post. And the former National Security Agency contractor claims he has the evidence to prove it.