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Stock impact report

Cisco boss rejects fears of ‘technology cold war’ [FT.com - Mergermarket]

Cisco Systems, Inc. (CSCO) 
Last cisco systems, inc. earnings: 2/12 04:05 pm Check Earnings Report
Cisco boss rejects fears of ‘technology cold war’ | Financial Times Kiran Stacey James Politi September 19, 2019 Print this page Chuck Robbins, the chief executive of Cisco, has dismissed fears of a breakdown in the technology sector’s global supply chains Speaking to the Financial Times, the telecoms equipment company boss said that the technology of the future would be built by American, an and Chinese providers — rejecting the idea of a “decoupling” or separation between the western and Chinese digital economies. He was also optimistic about the prospects for an agreement between Washington and Beijing to ease trade tensions. “I actually think that both of our governments understand the economic value of getting something done, and I think they also understand the future economic value of not Balkanising digital infrastructure,” Mr Robbins said. “We will figure it out. Everybody’s going to figure it out.” His remarks came as deputy-level Chinese negotiators were preparing to meet w Show less Read more
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