Huawei to Expand Smart Selection System for Deals With Automakers

Huawei Technologies Co. plans to set up an automobile alliance to expand its Smart Selection business model to more partners in addition to the current Seres Group (601127.SH), the Chinese electronics giant said Wednesday.

Consumer and Smart Car Business CEO Yu Chengdong said in a media interview that Huawei will cooperate with several automakers to build an ecosystem brand alliance led by Huawei. Following the suspension earlier this month of Huawei auto business chief Wang Jun over the lackluster performance of a competing business model, Yu’s comments suggest that Huawei is doubling down on its Smart Selection approach.