This adjustment will help Huawei integrate all resources within the company and serve the auto companies through unified exports. Huawei once again emphasized its adherence to the strategy of not building cars.
On November 25, Huawei’s official community announced a resolution to adjust the business jurisdiction of Huawei Automotive Solutions BU from the ICT Business Management Committee to the Consumer Business Management Committee, which means that Huawei consumers Business CEO Yu Chengdong will be responsible for the automotive business. The document was issued by Huawei founder Ren Zhengfei on October 26, 2020. At the same time, Huawei reorganized the consumer business BG IRB (Product Investment Review Board) into the smart terminal and smart auto parts IRB, and adjusted the investment decision and portfolio management of the smart auto parts business from the ICT IRB to the reorganized new department. Yu Chengdong is the director of IRB for smart terminals and smart car parts.
Huawei said that the move is to enhance the technology and resource interaction between the smart car parts business and the smart terminal business. A person from Huawei Consumer Business BG told Caixin reporters that the adjustment is indeed to integrate resources and avoid repetitive waste, "and stripping off glory are two separate things"...
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