Hugo Barra is Leaving Xiaomi
Hugo Barra, the man behind the success of the Chinese smartphone maker Xiaomi has announced to leave the company in February 2017.
Hugo Barra joined Xiaomi in September 2013 – which was limited to China. Under his leadership, the company gained a lot of respect and credibility and has expanded across Asia and beyond. India is Xiaomi’s biggest market outside of China, with over $1 billion in revenues generated last year.
In Facebook post, Hugo Barra stated that-
What I’ve realized is that the last few years of living in such a singular environment have taken a huge toll on my life and started affecting my health. My friends, what I consider to be my home, and my life are back in Silicon Valley, which is also much closer to my family. Seeing how much I’ve left behind these past few years, it is clear to me that the time has come to return.
While Xiaomi international ranking was increasing, its performance at home has been steadily declining from the past years. The crown of top Chinese smartphone maker was slipped under by other Chinese manufacturers like Huawei, Oppo and Vivo.
President, Bin Lin stated –
When Hugo joined us 3.5 years ago, we started an amazing adventure to turn Xiaomi into a global player. We have come a long way since, and I couldn’t thank him enough for contributing so much to Xiaomi’s journey. As much as we would love to have Hugo stay with us in Beijing for a much longer time, we understand his personal challenges and wish him all the best in his future endeavors.
Barra said he will leave Xiaomi in February following Chinese New Year. He did not disclose what he will be doing next after going back to Silicon Valley, saying only that he will be taking a much needed time off first.
Xiang Wang, Vice President would lead Xiaomi’s international business. Wang, a former head of Qualcomm China, joined Xiaomi in 2015.