Chinese anti-corruption investigators are savaging China Unicom, the second-largest (and state run) telecommunications firm in China and a major partner of Apple. A deputy general manager has been arrested and expelled from the Communist Party; senior officials at the company have been forced to hand in their passports; the chairman of the board has dumped his stock; and employees have reportedly been eager to share dirt on management with Communist Party investigators.
Signs that anti-corruption authorities were moving against the company have been visible for several weeks now, with reports that two officials—Zong Xinhua, general manager of the IT and e-commerce unit, and Zhang Zhijiang, who was in charge of network construction—were under investigation.
