BAI Peng, vice president of smartphone maker Xiaomi Inc’s To b business, has recently left the company and joined iQIYI Smart Technology as CEO.
iQIYI Smart Technology is the video streaming site’s VR subsidiary. Its former CEO Xiong Wen has left the position as Bai came along. Insiders said that the company will now shift its development focus from To C-end VR devices back to To B services.
