Qualcomm India appoints Savi Soin as President amid warning of potential job cuts

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Indian market. The statement said, “Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," reported PTI. Savi Soin, who has been with Qualcomm for more than two decades, previously served as the head of strategy and business development at Qualcomm Technologies' semiconductor division.

Meanwhile, Rajen Vagadia, the outgoing Qualcomm India President who served as the President for the last five years, will move to the company's headquarters in San Diego. He will take on a new role as Vice President to lead Global Distribution and Global Carrier Strategy. Also read: Qualcomm announces world’s first satellite-based two-way messaging solution Savi Soin's appointment is effective immediately, and he will report directly to Jim Cathey, Chief Commercial Officer of Qualcomm Technologies.

In his new role, Soin will focus on strengthening relationships with industry partners and the government across various sectors, including mobile, automotive, semiconductor, industrial, IoT, and communication infrastructure. Soin will also be responsible for overseeing Qualcomm's strategy in India, a market that is increasingly becoming a focus for global players due to its emergence as an innovation hub. This appointment comes amid Qualcomm's warning of potential job cuts, as consumer spending on gadgets like smartphones remains sluggish, reported Reuters.