Huawei's high-profile consumer CEO Richard Yu shifts role
- China's Huawei Technologies has named the high-profile chief of its consumer business, Yu Chengdong, to a new role chairing the unit, a person with knowledge of the matter said.
There has been no change to Yu's role as chairman of Huawei's smart car solutions business, a unit the company has said it intends to spin off into a new company, the person said. Yu has remained one of Huawei's highest-profile executives, from headlining as a speaker at major industry events like CES before the U.S. restrictions to appearing with Chinese bloggers to pitch new products and Huawei's innovation.
Huawei saw its fastest growth in four years in 2023, in part due to a rebound in the consumer segment Yu had headed and income from new business like components for connected cars.
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