Webwire: ZTE sells ZTEsec unit; Foxconn finds child workers

Staff writer
17 Oct 2012
00:00
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Daily News

ZTE sells surveillance systems unit

In the wake of the US security panel's report into Chinese vendors, ZTE has revealed it has sold its 68% stake in surveillance systems subsidiary ZTE Special Equipment Co (ZTEsec) to a group of investors, through a deal worth up to $70 million.

Reuters

Foxconn finds child workers at Yantai factory

Foxconn has admitted to finding child laborers as young as 14 working as interns at one of its Chinese manufacturing facilities in Yantai.

Associated Press

Telstra fears being made to open up 4G network

Australian incumbent Telstra has disclosed concerns it may be forced by regulators to offer wholesale access to its extensive 3G and 4G mobile network. The former state-owned company has spent billions to ensure coverage of its NextG network far exceeds its rivals.

Delimiter

Google working with Sony on new Nexus?

Images posted online suggest that Google could be working with Sony – instead of or in addition to LG - on a new Nexus smartphone. But the authenticity of the images is dubious.

NDTV

US LTE users paying more for services

US LTE subscribers pay significantly more for service than their counterparts in the rest of the world, with the cost per gigabyte up to three times higher in the US compared to Europe, according to GSMA statistics.

New York Times

Apple-Samsung jury instructions flawed: expert

A US academic claims to have identified legal flaws in the instructions given to the jury during the recent patent court battle between Apple and Samsung. If accurate, these flaws could add to the chances that the verdict in favor of Apple gets overturned.

Korea Times

Telefonica to sell Atento call center for $1.3b

Spanish telecom group Telefonica plans to sell its Atento call center business to a US private equity firm for around €1 billion ($1.31 billion), to help shave down its €57 billion debt pile.

Reuters

Yahoo poaches another Google exec

Yahoo CEO Marissa Mayer has poached another Google executive – this time Henrique de Castro, former vice president of partner business solutions, who will now become Yahoo's COO.

Agence France-Presse

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