Sohu It, 2/26/10
A spokesperson for Chinese software developer Kingsoft (3888.HK) has revealed that, around the time of the Chinese New Year holiday, which ended last week, the company appointed Wu Yimin, former systems general manager at Shanda Games (Nasdaq: GAME), as president of Kingsoft Games, where he will be responsible for online game operations. Zou Tao will stay on as CEO of Kingsoft Games, and will focus primarily on R&D. Former Kingsoft Security VP Wang Xin was promoted to CEO in charge of Kingsoft's Internet Security business. Ge Ke will remain CEO of Kingsoft's office software subsidiary, but will no longer be responsible for Kingsoft Internet Security consumer-end services. Jia Lin was appointed GM for Kingsoft's iCiba dictionary products. Li Wanqiang, who had formerly been in charge of iCiba services, stepped down from his position for personal reasons. Kingsoft says the management changes were "part of Kingsoft's normal internal operations," and were unrelated to the company's partnership with Shanda.
Recent media reports said Kingsoft cut Kingsoft Internet Security staff by 30%, and iCiba staff by 10%. A spokesperson said Kingsoft had implemented personnel optimization policies, but that downsizing was not among them, and certainly no layoffs of the scale rumored.
A source said that in March, Kingsoft will spin off Kingsoft Internet Security into a separate company with independent operations and plans to list.