BEIJING (Reuters) – The founder of China’s smartphone maker Smartisan Technology has been barred from taking flights and high-speed railway trains due to the company’s failure to comply with court rulings from a contractual dispute, a local court document showed.
Smartisan is a niche player in China’s smartphone sector and is best known for its flamboyant founder Luo Yonghao, who made headlines in recent years with bold statements including a claim that he was planning to acquire Apple.
Luo is also barred from spending at higher quality hotels, night clubs and golf clubs, buying properties and high-premium insurance and sending his children to expensive private schools, according to an order issued by the court of Danyang in eastern China.
The order was issued after the court found the company failed to comply with previous court rulings from a contractual dispute with a local electronic firm, the document said.
Smartisan’s smartphone sales in China lag behind players…
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