国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Network equipment maker 3Com Corp.said on Monday it has received approval from the Chinese government for a joint venture with Huawei Technologies Co. that analysts expect to challenge No. 1 network gear maker Cisco Systems Inc., especially in China.

Huawei-3Com Co. will be based in Hong Kong, have its principal operations in Hangzhou, China and have sales offices throughout China and Japan for marketing networking gear such as routers and local-area-network switches, according to Marlborough, Massachusetts-based 3Com.

The joint venture, announced in March, will sell its own products along with 3Com products in China and Japan, while 3Com has rights to market and support the joint-venture's products under its brand in other countries.

3Com has shifted its focus to the so-called enterprise market, made up of corporations, government agencies and large institutions, such as universities. Their spending on networking gear for managing online traffic has been healthier than equipment spending by telecommunications carriers.

Analysts said the joint venture's goal is to grab some of Cisco's large share of the network equipment market by offering resellers better margins.

"The whole idea behind the 3Com Huawei partnership is to develop a product line attractive to resellers," said William Becklean of Oppenheimer and Co.

"Cisco owns the market. They have a 70 percent share," Becklean said. "The only chance that the second-tier competitors in my opinion have is finding access to a distribution channel that gives them a niche market."

Shares in 3Com traded down 18 cents, or 2.5 percent, at $7.05 on Monday afternoon on Nasdaq.

Close

Today's Top News		Top Business News
+Perilous warnings given to Chen Shui-bian ( 2003-11-18) +HK lures mainland firms to raise capital ( 2003-11-18) +Miracle's ray of hope hits home ( 2003-11-18) +US visa hurdle turns students away from TOEFL ( 2003-11-18) +Funds target coal mine safety ( 2003-11-18)		+3Com says Huawei JV gets OK ( 2003-11-18) +Aviva-COFCO life insurance applies to operate in Beijing,Chengdu ( 2003-11-18) +Retail sales grow at record levels ( 2003-11-18) +HK lures mainland firms to raise capital ( 2003-11-18) +Auto sector drives up profits ( 2003-11-18)