Xiaomi was founded by Lei Jun alongside seven other co-founders. The eight founders include Lei Jun, Lin Bin, Li Wanqiang, Zhou Guangping, Huang Jiangji, Liu De, Hong Feng and Wang Chuan. Among them, Li Wanqiang, Zhou Guangping and Huang Jiangji have all resigned from Xiaomi. There are speculations that Lin Bin who current serves as vice-chairman and president of the Mobile Phone department may be planning to resign from the Chinese giant soon. 
According to reports, Lin Bin has successively resigned from the positions he held at some of Xiaomi’s subsidiaries. This is seen as a sign that he would resign from the conglomerate soon.
Since the beginning of this year, Lin Bin has reportedly stepped down as the legal representative of several Xiaomi companies, including Xiaomi Youpin Technology Co., Ltd., Beijing Xiaomi Electronic Products Co., Ltd., Beijing Xiaomi Software Technology Co., Ltd., Shenzhen Xiaomi Information Technology Co., Ltd., Beijing Xiaomi Software Technology Co., Ltd.
Xiaomi has however responded that speculations about Lin Bin’s resignation are unfounded. The response suggests changes in industry and commerce are normal which suggests the co-founder have just shed some portfolios to allow the company reposition for efficiency.
However, we cannot rule out the possibility of some internal wrangling at the Beijing-based company. It is worth mentioning that Li Wanqiang, who officially left Xiaomi on November 29 last year and is known as the “father of marketing” at Xiaomi, has also recently resigned from other positions at Xiaomi’s subsidiaries, including the director of Xiaomi Pictures Co., Ltd. and Beijing Xiaomi Software Technology Co., Ltd. He also resigned as a supervisor and legal representative of Xiaomi Technology Co., Ltd, supervisor of Beijing Xiaomi Electronic Products Co., Ltd., supervisor of Beijing Xiaomi Electronic Software Technology Co., Ltd., among others.
In the past two years, Xiaomi has successively introduced a number of executives from the outside, including former Gionee President Lu Weibing, former Lenovo Group Vice President Chang Cheng, and Red Pepper mobile phone founder Wang Xiaoyan. Other new execs includes former Nubian co-founder Miao Lei, former Storm TV CEO Liu Yaoping and former senior vice president of Meizu Technology Yang Zhe.
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