ZTE vows to shake things up after securing a US reprieve


  • TECH
  • Friday, 08 Jun 2018

ZTE Corp pledged to overhaul its flawed management and internal culture after striking a deal with the US to get back in business after a damaging two-month hiatus. 

In a memo to employees, chairman Yin Yimin promised to hold “relevant people” accountable for a ban on purchases of American technology that threatened to smother China’s second-largest telecoms gear-maker. Yin, who took up his post in March 2017, said ZTE will restore operations swiftly once the issue is finally resolved. 

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