Cisco said to plan China partnership to boost market access

Following in the footsteps of some other U.S. companies like Hewlett-Packard and Intel, Cisco Systems is planning to tie up with a Chinese partner for joint development and better access to the local market, according to a newspaper report.

The networking equipment company is planning to announce a partnership with server maker Inspur Group during Chinese President Xi Jinping’s visit to Seattle on Wednesday, The Wall Street Journal reported on Tuesday.

Cisco said Tuesday it declined to comment on rumors related to any specific announcements or companies. Company spokesman Nigel Glennie said the company is optimistic about the opportunities for its China team, and is open to local partnerships playing a role in its future strategy. The company has done business in China for over 20 years and learned the importance of having the right relationships, he added.

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