US Tech Companies Working To Address 'Snowden Effect' in China

Chinese wary of surveillance

(Reuters) - Battling a perfect storm of government suspicion and pricing probes in China, U.S. technology companies are having to re-think how they sell hardware and services in the world's second-biggest economy.

U.S. multinationals, including IBM, Cisco Systems and Qualcomm, are looking to settle price-gouging investigations and restore trust with Chinese regulators in the wake of reports that U.S. government agencies directly collect data and tap networks of the biggest domestic technology companies.