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Cisco and Inspur said they would invest $100 million in the
project, although they offered few other details.
The partnership is one of a growing number of tie-ups between
Chinese and U.S. technology firms announced during or ahead of
Chinese President Xi Jinping's visit to the United States this
week.
Microsoft Corp said on Thursday it would partner with Baidu Inc
and Chinese state-owned private investment firm Tsinghua
Unigroup on cloud technology, while Dell Inc announced last week
it would invest $125 billion over five years in China.
Earlier this year, IBM pledged to help develop China's advanced
chip industry with a "Made with China" strategy, while
chipmakers Intel Corp and Qualcomm Inc are developing chips with
smaller Chinese companies.
Similar to its dealings with the foreign auto industry in
decades past, Chinese officials have made clear to foreign
technology firms that market access depends on their sharing
technology and cooperating with Chinese industry.
Like many of its peers, Cisco's market share has retreated in
recent quarters in China, where its products have been labeled a
cybersecurity threat by state media and government-affiliated
experts.
U.S. business lobbies have said the Chinese allegations amount
to protectionism, while China has pointed to the experience of
Cisco's Shenzhen-based rival Huawei Technologies Co Ltd [HWT.UL],
which faced similar accusations from Capitol Hill when it sought
to enter the United States.
(Reporting by Gerry Shih; Editing by Stephen Coates)
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