Huawei’s Richard Yu to lead cloud, AI units as telecoms giant pushes into new growth markets

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Huawei Technologies Co is expanding the duties of Richard Yu Chengdong, the consumer business group’s chief executive, to cloud services and artificial intelligence (AI), a management reshuffle that could strengthen the firm’s moves into new growth markets amid its struggles with US trade sanctions.

The 51-year-old Yu, who led Huawei’s march to unseat Samsung Electronics as the world’s biggest smartphone vendor in the second quarter last year, will take over from Hou Jinlong as head of those two business units, according to an internal memo seen by the South China Morning Post. It said the official announcement of Yu’s expanded responsibilities will be made on February 7.