profit-sharing | GIZMODO.cz

After helping Lenovo thrive in the wretched PC industry -- while also making it the number one Chinese smartphone maker -- CEO Yang Yuanqing earned a sizeable bonus. And like last year, he's sharing the wealth with front-line employees, giving $3.25 million of his $14.6 million salary to 10,000 workers in 20 countries. Lenovo grabbed a record $34 billion during its last fiscal year, along with an all-time high $653 million in profit. While the sum he shared may be small compared to that, it's almost a month's pay for the 85 percent who work in China. And we can't say we've seen too many CEOs stateside willing to part with their personal private jet fuel stash.

Filed under: Cellphones, Desktops, Laptops, Tablets, Lenovo

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Source: Bloomberg

The Financial Times has reported that Nokia is in "exploratory" talks with several European carriers to share revenue for its upcoming Windows Phone 8 handsets in exchange for dedicated support. This would be a shift from its normal modus operandi, which is to sell as many phones as it can across all carriers at once, in favor of an approach which resembles Apple's deal with AT&T for the iPhone in 2007. The Finnish company could be hoping to create the same level of excitement for its WP8 phone that Cupertino did back then -- and may also be trying to offer a more profitable carrier alternative to Apple and Samsung, who use their dominance to grab the lion's share of handset revenue. While operators like France Telecom (Orange) and Deutsche Telekom are said to be involved, all parties have declined to comment. So, take this for what it is -- just a rumor at the moment -- but based on deals it made in the US with AT&T and the Lumia 900, it wouldn't be a shocker for Nokia to at least consider it.

Filed under: Cellphones

Financial Times: Nokia mulling revenue split with carriers for Windows Phone 8 originally appeared on Engadget on Mon, 23 Jul 2012 01:03:00 EDT. Please see our terms for use of feeds.

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