Magnus Ahlqvist, president for Sony Mobile Communications Greater China region, has reportedly resigned and the company is currently looking for his replacement.
According to reports in Chinese local media, before finding a replacement, the role is temporarily manned by Zheng Shuren, vice president and head of the marketing unit.
Ahlqvist, 39, started leading the Chinese region of Sony Ericsson from June 2010. At the beginning of 2012, Ericsson sold its 50% stake in Sony Ericsson to Sony, and Sony Ericsson was formally renamed Sony Mobile Communications. After that, Ahlqvist continued to be head of Sony Mobile China.
The reason for Ahlqvist's departure is reportedly due to personal development, which could be a euphemism for just about anything.
Sony's financial report showed that in 2012, the company gained JPY1.258 trillion from sales of mobile products and communications businesses, an increase of 102% compared with the previous financial year. Though the revenue from computers decreased, Sony's sales of smartphones saw a significant growth after acquiring Sony Mobile Communications as its wholly-owned subsidiary.