Cisco to Up China's Share of Outsourcing
An AP newswire article on Yahoo! News reports:
Cisco Systems Inc., the world's biggest maker of computer networking equipment, plans to boost China's share of its outsourcing budget to 40 percent by the end of 2006, a company executive said Wednesday.
Jia-Bin Duh, president of Cisco's China operations, wouldn't say how much the company will spend this year. But he said it spent about $5 billion on outsourcing in China in 2004, or 25 percent of its global total.
China is one of Cisco's top five countries for revenue, together with the United States, Japan, Britain and Germany.
posted by Fergie @ 6/22/2005 09:25:00 AM
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