Huawei's official website has recently refreshed its management roster, revealing that Richard Yu has assumed an additional key role as the Director of the Product Investment Committee. In his existing capacity, he continues to serve as an Executive Director of Huawei and as the Chairman of the Terminal BG, overseeing crucial business segments such as terminal products and the Harmony Intelligent Mobility Alliance. As of the current reporting time, his Weibo certification still hasn't been updated to reflect this new title. The document appointing him to this position was personally signed by Ren Zhengfei.

The IRB (Investment Review Board), as the ultimate authority for Huawei's product investment decisions, is tasked with supervising R&D budgets and major investments. Its director wields veto power over projects, highlighting the strategic importance of this role. According to sources familiar with the matter, Richard Yu's main objective in this new appointment is to steer Huawei towards triumph in the highly competitive AI arena. Since joining Huawei in 1993, Richard Yu has occupied various significant positions within the company.