Dec 23, 2022 07:42 PM

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Photo: VCG
Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Xiaomi President to step down later this month

Wang Xiang will step down as Xiaomi Corp. president on Dec. 30, the company’s co-founder and Chairman Lei Jun said Thursday in a letter to employees, the latest leadership reshuffle by the smartphone giant that is betting big on electric vehicles.

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