China: ZTE appoints U.S. head Cheng as new mobile business chief

China: ZTE appoints U.S. head Cheng as new mobile business chief

(From top to bottom) A Blackberry Bold smartphone, a Samsung Galaxy Note phablet, and an Apple iPad 2 tablet are displayed in this illustration photo in Hong Kong January 3, 2013. REUTERS/Bobby Yip/Files

China’s ZTE Corp has picked the head of its U.S. business to lead its mobile phone business globally, the latest management appointment after it settled a U.S. government probe and agreed to pay a record penalty of nearly $900 million.

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