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.
ZTE is an interesting company because it is one of the few handset manufacturers to be tied to Mozilla's upcoming smartphone OS.
Ubergizmo , ZTE executives commit business seppuku, cut their own pay, ZTE executives commit business seppuku, cut their own pay