ZTE executives commit business seppuku, cut their own pay

ZTE, a Chinese telecommunications company, which, according to who you ask, is either a threat to national security or a middling handset manufacturer, announced today that they were going to report losses for the first nine months of 2012. In a refreshing response, top management has agreed to cut their own pay. Wish we’d see more of that from Western technology companies! We’re looking at you, RIM.

(more…)

By Ubergizmo. Related articles: Huawei and ZTE not to be trusted, warns US congressional committee , ZTE has plans for Mozilla phone launch in early 2013,