Report: Cisco trying to sell set-top box factory

Cisco Systems (Nasdaq: CSCO) is working on selling its set-top box manufacturing facility in Juarez, Mexico as it continues to work on an aggressive companywide cost-cutting effort, Light Reading Cable reports. LRC says Cisco wants to outsource set-top manufacturing to grant it the ability to better manage related costs.

Getting out of manufacturing boxes might not be a bad bet, with the evolution of set-top box capabilities into the cloud, residential gateways or other devices.

Some may read this as part of an ongoing effort to dismantle or drastically pare down the part of the company that was once Scientific-Atlanta. LRC also said in a separate report last week that another of Cisco's cost-cutting measures, an early retirement plan, potentially could reduce the number of employees dedicated to the former Scientific-Atlanta business.

For more:
- read this Light Reading Cable report

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