ASUS Chief Exec Jerry Shen Steps Down

From AnandTech: ASUS on Thursday announced the resignation of its long-time CEO, Jerry Shen. The step down follows a major change in the company’s smartphone strategy and precedes the company’s switch to a co-CEO management model. Meanwhile, Mr. Shen will be moving on to lead iFast, an AI+IoT startup, which will be partly funded by ASUS.

Starting from January 1, 2019, ASUS will be headed by two people: SY Hsu, who is currently heading up the company’s PC business, and Samson Hu, who is leading customer care services. The board of directors reportedly hopes that the co-leadership structure will enable the company to better compete against rivals and achieve its goals.

The co-CEOs have completely different skill sets and will therefore bring a unique combination of expertise to the table while avoiding internal competition. Just to put the particular people into context: SY Hsu certainly knows how to build products and how to manage the supply chain, whereas Samson Hu knows how to make these products more appealing to the customer and build competitive services. Considering the potential for disruption in the PC market because of the US-China trade feud, ASUS and other companies need to alter their supply chains and make their products more attractive to buyers because at some points they may have to increase their prices, which may lead to a lower demand.

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