February 20, 2013: Cisco won significant standard definition set-top box business in India in the quarter ending January 26th 2013. Cisco shipped 1.3 million boxes in the fourth quarter compared with 850K in the third quarter, with a large portion of the increase coming from India. Cisco CEO John Chambers remarked that the company has “been more selective in the business we are taking in terms of set-top boxes and the lowest margin set-top box business in particular.”
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