Cisco to invest more heavily in Asia
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Networking giant Cisco Systems this week announced plans for increased investment in Asia, including a new research and development facility in China and a venture investment program in India.
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The Tokyo facility will open in February, 2005, representing an initial $12 million investment over the next five years to study Internet Protocol-based networking technologies, including routers and Cisco IOS and IOS XR software, says the company.
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(InfoWorld) - Cisco Systems will open a manufacturing facility in Chennai in south India that will initially make products for the domestic Indian market and also has announced it is setting up a globalization center in the country. The plans were announced Wednesday in Delhi by Cisco Chairman and Chief Executive Officer John Chambers. The globalization center is aimed at driving the company's continued worldwide expansion. Called the Cisco Globalization Center East, the new center in Bangalore will be headed by Wim Elfrink, the company's senior vice president of customer advocacy, who will also be chief globalization officer. The center will have 1,000 employees over the next two years, and the focus will be on local software development and services resources, according to a Cisco spokesman in India. Cisco of San Jose, California, said last year that it willÂ invest more than $1.1 billion in IndiaÂ over the next three years, with most of the spending to expand its research and development (R&D) operations in the country. Cisco first set up operations in India in 1995 and today employs more than 2,000 people in the country in its R&D center in Bangalore and sales offices across the country. The company will triple its staff strength in India over the next three to five years, Chambers said. The company also outsources software and product development to Indian companies. In line with Cisco's outsourced manufacturing model, the company selected one of its partners, Hon Hai Precision Industry Co. of Taiwan, to work with it on the manufacturing facility. The Indian government's ministry of information technology and communications is promoting India as a manufacturing base for technology products, as manufacturing is expected to bring in jobs for semi-skilled people who have not benefited from the Indian software and services boom. Chambers said in Bangalore last year that Cisco was considering the local manufacture of its products following a request from India's minister for information technology and communications, Dayanidhi Maran. A number of multinational companies, including Nokia, Motorola, Dell, and Telefonaktiebolaget LM Ericsson, have decided to manufacture in India. Contract manufacturers such as Elcoteq Network and Flextronics have also set up manufacturing operations in India to target India's growing mobile communications market.
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TOKYO -- Cisco Systems will open a Tokyo-based research and development center focusing on Internet software and routing technologies in February 2005, the company said in a statement on Thursday.
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The Cisco-Fujitsu alliance will benefit from Cisco&#39;s leadership in IP technology and Fujitsu&#39;s edge in networking products.
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Plans R&amp;D, phone factory Cisco will make internet phones in India as part of its revamped $1.1bn investment in the country.â¦
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Business jet makers from Boeing  to Bombardier  are winging their way to Asia, hoping to cash in on increasing wealth and economic growth in a region that still views private planes as needless excess.
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One of India&#39;s leading telecommunications providers will use Cisco Systems&#39; gear to build its new Ethernet-based broadband network.
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Reyes. Seven leading Asia-Pacific mobile operators, including Ayala-owned Globe Telecom, are investing $30 to $40 million over three years to form the regionâs largest joint venture mobile
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Land of the rising routers. Cisco Systems (nasdaq: CSCO - news - people ) and Fujitsu (otc: FJTSY - news - people ) will join forces to develop high-end routers for Internet networks in Japan.
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Networking giant Cisco Systems Inc. have announced plans to open a new research and development center in Tokyo next year. The company will invest a cool $12 million in the project over five years.
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Investors will get another glimpse into the pace of corporate spending as Cisco Systems Inc. prepares to deliver financial results after the closing bell on Tuesday. -AP
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EBay Inc., which has been aggressively expanding in Asia, plans to increase its stake in South Korea's largest online auction company.
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Cisco Systems, the world&#39;s largest maker of equipment for directing Internet traffic says China is well on the way to becoming the world&#39;s technology hub.
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Cisco Systems Inc., the world&#39;s largest maker of computer-networking equipment, formed an alliance with Fujitsu Ltd. to increase sales to Japanese telephone carriers.
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September 23, 2004 Beijing -- Cisco Systems&#39; president and CEO John Chambers today announced the company&#39;s intent to open a research and development center in Shanghai, China.
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SINGAPORE, NOV 3: Southeast Asia&#39;s largest telecom group, Singapore Telecommunications Ltd (SingTel), will join an alliance with six other carriers that will invest US$30-40 million over 3 years in regional mobile phone technology including India.