Qualcomm India has made a big announcement today. Qualcomm India and South Asia s senior vice president and president, Avneesh Agrawal has quit the company, and will be replaced by former BlackBerry India head Sunil Lalvani. Also Read - Qualcomm launches a powerful Asus smartphone with price of more than 1 lakhAlso Read - Top tech news of week: Battlegrounds Mobile India launched, iOS 15 public beta released, more
Avneesh Agrawal is quitting Qualcomm India after having spent around 20 years. Agrawal was appointed as senior VP and President back in 2011, having replaced Kanwalinder Singh. Also Read - Snapdragon 888 Plus is here with upgrades that may puzzle flagship phone buyers
I am pleased to welcome Sunil Lalvani as vice president and president of Qualcomm India. His broad industry experience and extensive leadership experience will enable us to strengthen existing strategic relationships, identify new opportunities for business growth and build new relationships in India, Cristiano Amon, executive vice president and co-president, Qualcomm Technologies, Inc. said.
Under Avneesh s leadership, Qualcomm led a number of successful efforts to nurture the local ecosystem in India, including accelerating 3G smartphone adoption and 4G LTE deployment, helping Indian brands build new revenue streams and establishing Qualcomm as the premier technology brand in India s telecom and handset ecosystem. I d like to thank Avneesh for all of his contributions to these successes.
Lalvani quit as BlackBerry India s head last month. He has over 22 years experience in the telecom sales and networking sector and had been associated with BlackBerry since 2009, spearheading enterprise sales in India prior to his appointment as managing director. Before BlackBerry, he worked at senior level positions with companies like Cisco, Nokia, SITA-Equant, and Global Telesystems. Lalavni has been temporarily replaced by Matthew Tonkin.
Qualcomm s news comes amid a period of struggle. It posted weak quarterly earnings and is reported looking at laying off 15 percent of its workforce. Qualcomm posted revenues of $5.8 billion in the last quarter, which is down 14 percent from a year ago, while net income dropped 35 percent to $1.6 billion.