With the rapid popularity of smartphones, especially affected by the 5G replacement wave, Huawei’s mobile phone business has long become Huawei’s main business. In 2019, Huawei’s mobile phone shipments surpassed Apple’s and ranked second in the world. According to data provided by Master Lu Data Center, Huawei ranked first in the Android mobile phone market in 2022 with a share of 19.66%. The reason why Huawei has won the favor of a large number of consumers around the world is that in addition to its heavy investment in mobile phone research and development in the early stage, it also has a close relationship with a senior executive of Huawei. This is Huawei's consumer business CEO Yu Chengdong.
Yu Chengdong, who graduated with a master's degree from Tsinghua University, joined Huawei in 1993 and served successively as product director, vice president of sales for the wireless product industry, president of the European region, and CEO of the terminal company and consumer business. He is called Huawei's most popular person by many pollen. Someone who can "fight". Yu Chengdong has also been likened to a "sharp knife" by netizens. Wherever the business needs breakthroughs and where the battle is difficult to fight, Yu Chengdong will basically appear there, from the breakthrough of Huawei's operating business in the European market to the success of Huawei's mobile phones. With the rapid rise, Yu Chengdong plays an extremely important role.
However, Huawei officially announced that Yu Chengdong will gradually be transferred from Huawei’s consumer business in February and will serve as president of Huawei’s cloud and AI business and be responsible for the administrative management team. Yu Chengdong was transferred out of the mobile phone business, which was also considered by netizens as Huawei's strategic retreat and the launch of Plan B!
Every era has its core technology. Ren Zhengfei has publicly stated many times that 5G is just a piece of cake, and artificial intelligence is the general direction of future development and Huawei’s future breakthrough point. The AI ??and cloud computing that Yu Chengdong is responsible for have longer growth potential than Huawei's 5G operation business, and are also recognized as incremental markets in the future. This is also called Huawei's "Plan B" by many!
Huawei, which is mainly engaged in 5G operations and mobile phone business, is indeed making slower progress in AI and cloud computing than companies such as Alibaba and Amazon in the professional field. To reduce Huawei's revenue pressure, Huawei must invest a lot of human resources to win this market as quickly as possible.
In the 5G era, "AI cloud" is the future development trend, and will empower the trillion-dollar market of the Internet of Things. Whether it is smart home, smart medical or wearable devices, almost all will be involved. Under the wave of AI and cloud. Huawei transferred Yu Chengdong from consumer business to AI and cloud business. It must be said that Ren Zhengfei does have a vision, and the strategic retreat is not to abandon the mobile phone business, but to comprehensively optimize Huawei's overall business.
What do you think about Yu Chengdong being transferred out of the consumer business?