South Korea Benefactor Of Cisco R&D Centre

Cisco Systems, the global network equipment behemoth, plans to invest around US$2bn in South Korea over the next five years, according to the Korea Times, as it looks to expand its Northeast Asian business. The region, excluding Japan, accounts for 10.2% of the company's total revenues and has been diminishing over both the quarter and year by 9.7% and 12.3%, respectively.

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