Global vendor strategies - 18/02/06

Siemens plans to set up a manufacturing base in India for telecom networking equipment. It also could break up its COM division. The subdivided parts would then be either brought into joint venture partnerships or sold, specially the Enterprise loss making unit, and the cordless telephone business.

Cisco took a 10% stake in Shanda Interactive Entertainment, a Chinese operator of online games, but has divested its stakes in BearingPoint and Lumera.