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HP may have yet another problem: China

24

Nov

2013

By Poornima Gupta SAN FRANCISCO (Reuters) – Signs of rapidly worsening Chinese demand for IT giants IBM and Cisco Systems Inc are starting to spook Hewlett-Packard investors. HPs year-long stock rally sputtered last week amid fears a faster-than-anticipated slowdown in emerging markets, above all China, may dash the computing giants hopes for a return to […]

Category Tech Written by Yahoo 0 Comments

US tech firms to see China business dip amid NSA scandal

15

Nov

2013

Cisco Systems, IBM, and Microsoft are expected to encounter problems touting their products in China over revelations concerning the U.S. government’s surveillance programs. Cisco is hardest hit.

Category Security Written by ZDNet 0 Comments

Spy scandal weighs on U.S. tech firms in China, Cisco takes hit

14

Nov

2013

By Matthew Miller SINGAPORE (Reuters) – U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll. Cisco said on Wednesday that its revenue would drop 10 percent this quarter, and continue to […]

Category Tech Written by Yahoo 0 Comments

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HP may have yet another problem: China

US tech firms to see China business dip amid NSA scandal

Spy scandal weighs on U.S. tech firms in China, Cisco takes hit

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