Dr Leo Li takes charge as Co-President of Unigroup

Tsinghua Unigroup (“Unigroup”) has appointed Dr Leo Li as its Co-President of Unigroup, working directly with Unigroup Chairman Weiguo Zhao on business expansion as well as planning and implementing of key investment projects in the chip design area. Xuezhong Zeng will succeed Dr Li as CEO of Spreadtrum Communications ("Spreadtrum"), while Dr Li will continue in his role as Chairman of Spreadtrum.

According to the company, Dr Li has over 30 years of working experience in the wireless communication field. Under his leadership, Spreadtrum has made great progress in multiple fields, including technology, product development and market development. The new appointment of Dr Li is in line with Unigroup’s core talent strategy of integrating resources, which will effectively help realize Unigroup’s ‘Chip to Cloud’ strategy, supporting company's strategy of chip design so as to improve its competitiveness in chip industry.

With Dr Li’s promotion, Unigroup has appointed Xuezhong Zeng as CEO of Spreadtrum. With a distinguished career and years of demonstrated business experience in the ICT industry, Zeng is a strong leader, especially in integrating resources and motivating teams. He has successfully led business transformation, product innovation, research and development of intelligent technology in the terminal products market. He has also deep insights on the new technology trends.

As CEO, Zeng will take the overall responsibilities for Spreadtrum’s business operations. Under the Unigroup’s core business strategy, he will play a critical role in cultivating relationships to deliver value to clients by leveraging Spreadtrum’s resources and capabilities as well as the overall advantages of the Unigroup. Meanwhile, Zeng will focus on more deeply motivating the organization and talents. He will lead the team to drive business performance through continuous innovation, building Spreadtrum as a global chip leader in the new era of 5G, and accelerating China’s development in the integrated circuit industry.