Press Release

Qualcomm Samples Next Generation Mobile Platform to Customers

Plans to Bring 5G Connectivity and a 7nm SoC to Power the Next Era of Mobile Devices

Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ:QCOM), announced that its upcoming flagship mobile platform will feature a system-on-chip (SoC) built on the 7nm process node. The 7nm SoC can be paired with the Qualcomm® Snapdragon™ X50 5G modem, which is expected to be the first 5G-capable mobile platform for premium tier smartphones and other mobile devices. Qualcomm Technologies has begun sampling of its upcoming flagship mobile platform to multiple OEMs developing next-generation consumer devices. The upcoming platform will transform industries, encourage new business models and improve the consumer experience as operators come online with 5G services later in 2018 and through 2019.

“We are very pleased to be working with OEMs, operators, infrastructure vendors, and standards bodies across the world, and are on track to help launch the first 5G mobile hotspots by the end of 2018, and smartphones using our next-generation mobile platform in the first half of 2019,” said Cristiano Amon, president, Qualcomm Incorporated. “Qualcomm Technologies’ continued leadership in research and engineering allows for a future of increased innovation across multiple sectors as 5G connectivity becomes ubiquitous.”

This flagship mobile platform with 5G is designed to enable premium connected devices that bring new intuitive experiences and interactions with power-efficient on-device AI, superior battery life, and performance while extending globally to innovative technologies, solutions, experiences and applications in automotive and IoT.

Full details regarding the next-generation flagship mobile platform from Qualcomm Technologies is planned to be announced in the fourth quarter of 2018.

About Qualcomm

Qualcomm invents breakthrough technologies that transform how the world computes, connects and communicates. When we connected the phone to the Internet, the mobile revolution was born. Today, our inventions are the foundation for life-changing products, experiences, and industries. As we lead the world to 5G, we envision this next big change in cellular technology spurring a new era of intelligent, connected devices and enabling new opportunities in connected cars, remote delivery of health care services, and the IoT — including smart cities, smart homes, and wearables. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, the QCT semiconductor business. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.

Qualcomm and Snapdragon are trademarks of Qualcomm Incorporated, registered in the United States and other countries.

Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

In addition to the historical information contained herein, this press release contains forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that are inherently subject to risks and uncertainties, including but not limited to statements regarding the commercial availability of certain products, the anticipated capabilities and design features of such products, the timing of such availability, and the value, benefits and advantages Qualcomm Technologies’ products may provide to OEMs and their products, technologies and businesses. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “planned,” “project,” “predict,” “should,” “will,” and similar expressions are intended to identify such forward-looking statements. These statements are based on our current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those expressed or implied by the forward-looking statements herein due to a number of important factors, including but not limited to changes in economic, business, competitive, technological, strategic and/or regulatory factors, and other factors affecting our operations, our customers’ and licensees’ sales of products and services based on these products, and our customers’ demand for our products and services; competition in an environment of rapid technological change; our dependence on a small number of customers and licensees; our dependence on the premium-tier device segment; and our ability to extend our technologies, products and services into new and expanded product areas and adjacent industry segments. These and other risks are set forth in Qualcomm Incorporated’s Annual Report on Form 10-K for the fiscal year ended September 24, 2017 filed with the SEC. Our reports filed with the SEC are available on our website at www.qualcomm.com. We undertake no obligation to update, or continue to provide information with respect to, any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.