Posted inChina

Xiaomi’s Lei Jun in executive shuffle

Xiaomi co-founder Lei Jun has stepped down as the company president for China as the firm undergoes key management changes, Chinese business newspaper Time Weekly reported, citing an internal letter sent to Xiaomi staff. Lu Weibing, the general manager of Xiaomi offshoot brand Redmi, is set to replace Lei as the new president for China. Lei, meanwhile, […]

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