WSJ: Chinese ZTE "aggressively poaching talent" from the likes of BlackBerry and Motorola

The ZTE Grand Memo II
All of this makes a whole lot of sense -- while ZTE is mostly known for its network equipment arm, which is the source of over half of its revenue, some 30% of that pie are attributed to the company's handset business. And that business is flailing, according to recent sales figures from China, where the company went from an 8% market share down to 5%. Indeed, competition from rising star Xiaomi and incumbent Lenovo (which is about to swallow Motorola whole) appears to be a tad too much for ZTE, whose products suffer from weak brand recognition and "unattractive design" according to analysts. If ZTE plays its cards right, however, this may very well change in the coming few years, and it seems that's what the company is shooting for. As always, time will tell.
source: WSJ

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