On the evening of September 6, according to exclusive news from Sina Technology, Xiaomi issued an internal email announcing personnel adjustments involving Xiaomi Group President Lu Weibing, Senior Vice President Zeng Xuezhong and several other senior executives.
Lu Weibing, President of Xiaomi Group
According to reports, Xiaomi appointed Group President Lu Weibing to concurrently serve as President of the Mobile Phone Division, reporting to Group CEO Lei Jun; and appointed Group Senior Vice President Zeng Xuezhong to concurrently serve as President of the International Business Division, and continue to be in charge of the Internet Business Division, reporting to Group President Lu Weibing. Lu Weibing’s previous positions were partner of Xiaomi Group, Group President and President of the International Business Division, responsible for the Mobile Phone Division, Ecological Chain Division, Large Appliances Division, China Region and India Region; Zeng Xuezhong’s previous position was Senior Vice President of Xiaomi Group and President of the Mobile Phone Division, responsible for the R&D and production of mobile phone products. In this adjustment, the two swapped their main responsibilities.
Sina Technology Exclusive News
According to data released by IDC recently, in the second quarter of 2024, the top five in China’s smartphone market are vivo, Huawei, OPPO, Honor, and Xiaomi. Among them, Xiaomi’s shipments in the second quarter increased by 16.5% year-on-year, but it is still inferior to Huawei’s year-on-year growth of more than 50%. However, Xiaomi’s overseas business performance is better than that in China. In the second quarter of this year, Samsung, Apple and Xiaomi ranked in the top three in the global smartphone market rankings. Among them, Xiaomi’s market share has grown rapidly, and the gap with Apple is gradually narrowing.
