Huawei’s Richard Yu (Yu Chengdong in Chinese language) will allegedly not function the CEO of the Shopper Enterprise Group, as an alternative transferring to the place of Chairman. The brand new CEO will apparently be He Gang, the previous Chief Working Officer (COO).
Up to now Huawei has by no means had a Chairman for its Shopper Enterprise Group, so Yu would be the first. The purpose of the transfer is to permit Yu to increase his scope of duties inside the firm.
He’ll now take care of extra elements of the group, together with these coping with sensible units and automobile parts – Huawei has been very lively within the EV house in China not too long ago. Data from inside sources says the entire concept behind this transfer is for Yu to have a greater give attention to the auto options enterprise over the smartphone half.
This is not unparalleled – Xiaomi’s Lei Jun shifted his focus from smartphones to EVs some time again, and the corporate’s first automobile, the SU7, has been wildly profitable as a consequence.
Richard Yu has been with Huawei since 1993, and his profession on the firm will proceed, now in a good greater position than earlier than – that’s, if this report pans out, in fact.
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