Media: Yu Chengdong is still the head of Huawei's terminal BG, and stepping down as CEO is a signal to focus on the automotive business.

News from this website on May 1st. Yesterday afternoon, the media reported that Huawei issued an internal personnel adjustment document. Yu Chengdong will step down from the position of CEO of Huawei Terminal BG and become the chairman of Terminal BG. . He Gang, the former chief operating officer (COO) of Huawei Terminal BG, took over as CEO of Huawei Terminal BG.

Yu Chengdong’s current positions are: Huawei Managing Director, Chairman of Terminal BG, Chairman of Smart Car Solutions BU, and Director of Smart Terminals and Smart Car Components IRB.

Yu Chengdong was born in 1969 and graduated from Tsinghua University. He joined Huawei in 1993 and has served as 3G Product Director, Vice President of Wireless Product Marketing, President of Wireless Product Line, President of European Region, and President of Strategy and Marketing.

In 2011, Yu Chengdong took over Huawei's terminal company and consumer business. During his tenure, Huawei's terminal business revenue increased from 160.1 billion yuan in 2012 to 482.9 billion yuan in 2020.

In November 2020, Yu Chengdong served as the director of IRB for intelligent terminals and intelligent automotive components. In the same year, Yu Chengdong was responsible for integrating Huawei’s consumer BG and smart car solutions BU. Since then, Yu Chengdong officially recommended Huawei Smart Car Selection and promoted the development of smart car BU business.

According to Jiemian News, a Huawei person analyzed Jiemian News that this move does not mean that Yu Chengdong’s scope of power has been narrowed. Serving as chairman of Terminal BG means that Yu Chengdong is still the top leader of the business.

In addition, the existence of Huawei's IRB (Investment Review Board) department is extremely important, and its role is to determine the investment approval of specific business projects. Yu Chengdong still serves as the director of the intelligent terminal IRB, indicating that he has investment decision-making power for this business tool.

Jiemian News reported that Yu Chengdong’s resignation may be a signal to focus more on the automotive business.

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