Meng Wanzhou appointed as Huawei's rotating chairperson and CFO amid competition with Apple.

Meng Wanzhou, daughter of Huawei founder Ren Zhengfei, has been appointed as the company’s rotating chairperson for six months, while also serving as chief financial officer. This leadership change occurs amid intense competition with Apple in the premium smartphone market, as both companies recently launched new devices. Meng's return is viewed as a strategic move to bolster Huawei's global presence and drive innovation, despite ongoing geopolitical challenges.

October 01, 2024
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