Volvo Cars has appointed Duan Jianjun as the new President and CEO of its Greater China region, succeeding Yuan Xiaolin who is stepping down to focus on family. Duan Jianjun will immediately assume leadership of all end-to-end operations within the Greater China region, reporting to the China board. This leadership change comes as the automotive industry faces supply chain challenges, with advanced packaging equipment orders causing delivery delays of over a year for some semiconductor packaging and testing manufacturers. AI
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RANK_REASON This is a leadership change within a specific regional division of an automotive company, not a core AI development or product release.