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Honor is undergoing significant management changes following the sudden resignation of CEO Zhao Ming, reportedly due to health issues. Ex-Huawei general Li Jian has been appointed as the new CEO, while other key executives, including CMO Jiang Hairong and sales chief Zheng Shubao, are also leaving. These shifts come as the company prepares for an IPO and aims to regain its footing in the competitive Chinese smartphone market, facing challenges from its past associations with Huawei.
Honor, the smartphone brand spun off from Huawei, is undergoing significant management changes following the sudden departure of CEO George Zhao Ming. The company is preparing for a public listing amid fierce competition in the Chinese smartphone market, where it has seen a 14.9% decline in shipments year-on-year. New appointments include Huawei veteran Li Jian as CEO, with further shifts in marketing and sales leadership as Honor aims to regain market share and navigate its IPO plans.
Honor Device Co. Ltd. is undergoing a significant management reshuffle as it prepares for an eventual IPO. CEO George Zhao Ming has been replaced by Huawei veteran Li Jian, with further changes including the resignation of Huawei’s CMO for China and the appointment of a new sales chief. This comes amid intense competition in the Chinese smartphone market, where Honor's shipments fell 15% in Q4 last year, tying it with Oppo as the fifth largest seller.
Honor, the Huawei spin-off, has undergone significant management changes, including the resignation of its CEO and CMO, as it prepares for an IPO amid fierce competition in China's smartphone market. The company faces challenges in regaining market share after a 14.9% decline in shipments last quarter, while also navigating the complexities of its association with Huawei. Despite these hurdles, Honor has seen growth in Europe and emerging markets, indicating potential for recovery.
Honor Terminal has appointed Li Jian as its new CEO, succeeding George Zhao, who stepped down due to health reasons after nearly a decade in the role. Li, who joined Honor in 2021 following a 20-year career at Huawei, aims to enhance the company's market strategy amid increasing competition, particularly focusing on overseas markets.
Jiang Hairong
People
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