Chinese drone maker DJI uncovers corruption, sees $150 million loss

FILE PHOTO: A DJI Inspire drone hovers during a drone training session for Somali police in Mogadishu, Somalia May 25, 2017. REUTERS/Feisal Omar

SHANGHAI (Reuters) – China’s SZ DJI Technology Co Ltd, the world’s largest maker of consumer drones, has discovered several cases of serious corruption at the company and expects 2018 losses of more than 1 billion yuan ($150 million) as a result, it said on Friday. The company said it was investigating the cases, which came […]

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