Cisco’s Growing Optimism in Chinese Electric Vehicle Market Amid Global Expansion
Key Points: Chinese EV makers are expanding globally despite increasing tariffs from the U.S. and EU. Companies like BYD invest in local production facilities to mitigate tariff impacts. The U.S.-China trade war has previously impacted Cisco’s revenue and market participation in China. Wong is hopeful for a recovery in Cisco's China business and expects faster growth in the coming years. Cisco is expressing strong optimism about its expanding business with Chinese electric vehicle (EV) manufacturers as these companies push their...