Chinese smartphone brand Huawei has announced that the company has reshuffled the executives within the company. As a part of this, Richard Yu, President of Huawei, has been removed from the position of CEO of Huawei Cloud.

The company has now appointed Zhang Ping as the new CEO for Huawei Cloud. Richard Yu has now been appointed as the CEO of the new Smart Car Solution BU and he will continue to be the CEO of Consumer BG. Additionally, Wang Jun has been appointed as the President of the Smart Car Solution BU.

Huawei has been focusing too much on the reshuffle of the executives and has been regularly doing so. At the beginning of this year, Richard Yu added several new positions, mostly related to the Cloud business.

The company says that the purpose of the adjustment is to strengthen the synergy between mobile and cloud computing and to further integrate core capabilities, improve internal operational efficiency, strengthen Internet business layout, and promote ecological development.

Last month, Xu Zhijun, the rotating chairman of Huawei, was appointed as the Chairman of Huawei Cloud and at the time, Richard Yu was appointed as the CEO of Huawei Cloud. Now, in this new reshuffle, he has been replaced for the Huawei Cloud unit.

It is said that Richard Yu has completed the part of the resource integration and he now wants to focus on other businesses. Xu Zhijun will continue to be the Chairman of the Cloud BU and use group-level resources to promote and develop cloud business.

Richard Yu will now be focusing more on the Smart Car business along with the Consumer Business. The Chinese tech giant established its Smart Car Solution BU in May 2019 and provides incremental components for smart connected cars such as smart driving, smart dashboard, smart networking, etc.

Xu Zhijun also revealed that Huawei has invested around $1 billion in this business. He adds that even if the company does not engage in foreign markets, average annual revenue of 10,000 yuan per vehicle is sufficient for Huawei.

The company has announced two business strategies for the development of the smart car business. One is to become a supplier of parts and solutions and the other is to focus on creating an ecosystem — MDC Ecology.

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Unconfirmed reports from China say that Huawei has arrested six of is mid-level and top executives in the consumer business division for allegedly leaking sensitive internal information to LeEco. Those arrested are said to include some of Huawei’s product designers. The exact information leaked to LeEco wasn’t stated, but it may interest you to know that the six executives arrested were said to no longer work with the company as at the time of their arrest.

In a swift manner, LeEco whose name is mentioned in the debacle has responded that it did not receive any information from the arrested individuals but admitted that there are some patent disputes between both companies. LeEco has also issued a notice of its intention to take legal actions. The cause of the dispute is said to likely be related to two recent LeEco patent filings, one for children’s smartwatch and another for an antenna design which Huawei considered as an infringement of its patent. But LeEco claims the six individuals upon leaving Huawei, did not carry along any documents or drawings. Perhaps the accused executives cross-carpeted to LeEco from Huawei, but we are not sure about that.

Read More: Huawei Records 42% Growth in Sales in 2016

Details are still sketchy about the issue, but we hope to bring you more information as they unfold.

(source)

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