Huawei Technologies has just recently established four new business units in an attempt to diversify its business operations. The company is shifting focus to various other fields as US sanctions have impacted its primary business arms.
According to an SCMP report, the Chinese tech giant is diversifying its business due US trade sanctions that has crippled its smartphone business, while pressures from the west also impact its telecommunications business as well. Now, the new units are focused on digital transformation products and services. These are aimed towards customs and ports. Furthermore, the brand is also working on technologies that will reduce the energy consumption of data centers, and smart systems for highways and the photovoltaic industry as well.
As per documents signed by Huawei founder and chief executive, officials chosen to lead the new business units were selected from internal candidates, which was confirmed by a company spokesperson. The Founder added that “Operating as independent legions, [the new units] break the existing organizational boundaries [in Huawei] so they can quickly gather resources and improving efficiency. [Each of these units] should dig deep into one field, be responsible for its business success and produce more ‘food’ for the company.”
One of the executives includes Xun Su, an official that has been with the company for over 20 years. He is now in charge of the new customs and ports unit. Similarly, Yang Yougui, former president of Huawei’s Middle East regional office, now leads the data centre energy efficiency unit, while Ma Yue and Chen Guoguang are now the heads of the smart photovoltaic and smart highway units, respectively.
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