Chinese leading smartphone company Xiaomi employs Qualcomm’s china president, Wang Xiang as their new Senior Vice President of Strategic Cooperation. Xiaomi was founded in 2010 by serial entrepreneur Lei Jun. Xiaomi, have brought together smart people from Google, Kingsoft, Microsoft, Motorola, Yahoo, and other Internet and tech companies from around the world to bring their vision to life. Xiaomi has been the top cell phone brand in China since August and was positioned fifth internationally in Q1. It is likewise the number 2 creator of wearable gadgets on the planet.
At the announcement of hiring Wang Xiang, Founder and CEO of Xiaomi, Lei Jun, said: [pull_quote_center]“Wang has played an important role in establishing the partnership of Qualcomm and Xiaomi. I believe his rich experience in the mobile industry will boost the development of Xiaomi further.”[/pull_quote_center]
Wang has been working from last 13 years with Qualcomm. In his last position at Qualcomm, he served as President of Qualcomm China, where he was in charge of the majority of the organization’s operations in the country. Before Qualcomm, Wang held positions at Motorola and Lucent/Agere.
Vice President, Hugo Barra said: [pull_quote_center]“With more than 20 years of experience in the communications industry, he is “a true expert in the mobile ecosystem who will help Xiaomi build up its strategic relationships”.[/pull_quote_center]
Where as, the chipset maker Qualcomm appoints Frank Meng as chairman for China viable 15 June. Meng, with 30 years of telecoms experience, was Qualcomm’s president of China from 2008 to 2010.
Qualcomm is a leading American global semiconductor company which designs and markets wireless telecommunications products and services. The company was incorporated in 1985 and company’s headquarters are located in San Diego, California, United States. China represents a large portion of Qualcomm’s incomes but the company still faces rising competition from Asian semiconductor firms.