By Jeremy Wagstaff, Sinead Carew and Jim Finkle (Reuters) - Cisco Systems Inc and Huawei Technologies Co, two of the world's largest communications equipment makers, have been slugging it out for a decade now - in court, in emerging markets, in the lobbies of government and even on blogs. Earlier this month Cisco CEO John Chambers admitted in an earnings call that political dynamics were stymieing his company's long march into Huawei's backyard. Asked whether the recent U.S. spying scandal was affecting overseas business, Chambers said it was having an impact, particularly in China, which is Cisco's biggest emerging market country but represents less than 5 percent of its total revenue. Huawei has also admitted something of a defeat in the United State for carrier equipment, which accounts for more than 70 percent of its global revenues.
via Tech News Headlines - Yahoo! News http://news.yahoo.com/insight-cisco-huawei-bruising-rivalry-reaches-stalemate-152427113--finance.html
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