Cisco Looks To Boost China Operations With A Local Partner

Cisco has joined forces with a Chinese computer company, Inspur Group, in an attempt to bolster their presence in China as foreign tech companies feel the sting of an increasingly competitive local market.

The company announced a $10 billion USD pledge aimed at deepening their presence in the country this summer, though they’ve struggled to keep their position in the market since Snowden’s 2013 NSA revelations implicated their equipment in spying and surveillance operations. According to research firm Dell’Oro Group, cited in the Wall Street Journal, Cisco’s revenue has dropped approximately 30%  since 2012.

The partnership with Inspur could potentially help them take back some of their previous market without trust issues looming over their head. China has made open moves to remove foreign technology from some of its most important industries, including banking.

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