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Bill Davidson Sr. VP Firethorn Mobile, Inc.

, Sales and Marketing and Qualcomm Investor Relations

th 25

Annual Roth Conference


March 19, 2013

Safe Harbor and corporate structure


In addition to the historical information contained herein, this presentation contains forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding our our fiscal 2013 outlook, including revenue and EPS targets; continued adoption of smartphones and connected devices; forecasted smartphone shipments and sales; 3G and 3G/4G growth in emerging regions; 3G/LTE adoption; increased device capabilities; 3G/4G device average selling prices; estimated 3G/4G replacement rates; key initiatives for the Companys growth; expanding areas for smartphone innovation; new mobile computing growth opportunities; mobile data traffic growth; and growth in small cell deployment. Forward-looking statements are generally identified by words such as estimates, guidance and similar expressions. Actual results may differ materially from those referred to in the forward-looking statements due to a number of important factors, including but not limited to risks associated with the commercial deployment of our technologies and our customers and licensees sales of equipment, products and services based on these technologies; competition; our dependence on a small number of customers and licensees; attacks on our licensing business model; our dependence on third-party suppliers; the enforcement and protection of our intellectual property rights; claims by third parties that we infringe their intellectual property; global economic conditions that impact the communications industry and the potential impact on demand for our products and our customers and licensees products; our stock price and earnings volatility; strategic transactions and investments; foreign currency fluctuations; and failures, defects or errors in our products and services or in the products of our customers and licensees. These and other risks are set forth in our most recent Form 10-K and Form 10-Q filed with the SEC, copies of which are available on our website at www.qualcomm.com. We undertake no obligation to update any forwardlooking statements. Throughout todays presentations we refer to Qualcomm for ease of reference. However, please note that in connection with our recent reorganization, Qualcomm Incorporated continues to operate QTL and own the vast majority of our patent portfolio, while Qualcomm Technologies, Inc., its wholly-owned subsidiary, now operates, along with its subsidiaries, substantially all of our products and services businesses, including QCT, and substantially all of our research and development functions.

Qualcomms unique business model


A technology enabler for the entire mobile value chain

WIRELESS ECOSYSTEM

SUBSCRIBERS

Qualcomm: a communications systems company


Innovation across entire wireless value chain

Innovative technologies

Standardization

Productization

Commercialization

Quarterly dividend increased by 40%


Record $1.40 per share annualized payout

40%
Increase, Board Approved* $0.35

Quarterly dividend per share**

$0.25 $0.215 $0.16


$0.17 $0.19

$0.12 $0.05 $0.07 $0.09

$0.14

$0.025
Feb '03

$0.035
Jul '03

Mar '04

Jul '04

Mar '05

Mar '06

Mar '07

Mar '08

Mar '09

Mar '10

Mar'11

Mar'12

Mar'13

Note: The Company effected a two-for-one stock split in August 2004. All references to per share data have been adjusted to refl ect the stock split. *As of March 5, 2013 **Based on announcement date of increase

Cumulative return of capital to stockholders


New $5 billion stock repurchase program*

$19.9B**
Returned to stockholders

Stock repurchases Cash dividends

FY'03

FY'04

FY'05

FY'06

FY'07

FY'08

FY'09

FY'10

FY'11

FY'12

FY'13 YTD**
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*Announced March 5, 2013 **As of December 30, 2012

Fiscal 2013 Outlook

Continued adoption of smartphones Growth of 3G in emerging regions QCT:


Technology leadership Roadmap breadth and depth New computing and connectivity opportunities

QTL: Industry-leading licensing program Double-digit revenue and EPS CAGR targets over the next five years* ~27% pre-revenue R&D**

*Estimates as of November 15, 2012 for the five year period from FY12 -FY17 **Estimates as of November 15, 2012

3G/4G estimated wholesale device midpoint ASP trend(1)(2)


$500

$400
$300

Learning curves 9713 est. 85% 9913 est. 96% 0713 est. 99%
$214 $214 $219

Midpoint of $214$226* estimate for FY13

$200 $100 $'97 '98 '99 '00 '01

$194

$192

$205

$215

$205

$186

$206

$219

$220

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12

'13e

Fiscal years

Voice
Voice-centric devices Growth in CDMA 2000 Focus on developed regions
*Guidance as of November 7, 2012. (1) and (2) See notes included at the end of the presentation.

Voice/data transition Transition to data Ramp in WCDMA and EV-DO Significant growth in emerging regions

Voice & enhanced data DOrA, HSPA+ Increased device capabilities 2G to 3G migration

Smartphones Growth in smartphones & connected devices 3G/LTE adoption Increased device capabilities; memory, display, camera...
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3G/4G estimated wholesale device average selling price(1)(2)


Qualcomms long-term plan* is based upon an average annual low single-digit % decline of device average selling price Handset ASPs
Smartphone capabilities/features
Multi-year Developed device ASP

Smartphone penetration Feature phones in decline

Multi-year Emerging device ASP

Competition Emerging regions growing faster than developed regions

Non-handset ASPs
Upward pressure on 2012-2013 ASP as mix shifts from dongles to tablets
*As of November 15, 2012 (1) and (2) See notes included at the end of the presentation.
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Key initiatives for sustained, long-term growth


Qualcomm innovations underpin industry dynamics

Drive smartphone growth and innovation

Create new mobile computing opportunities

Enable growth in emerging regions

Solve the 1000x data challenge

Deliver the Internet of Everything

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Our most important device


Immediacy, portability, connectedness

1/3+
of daily media interactions occur on a smartphone

4/5
of all searches on a smartphone are spontaneous, compared to 52% on PC

~1/2
of smartphone owners use them while watching TV

Source: Google/Sterling Brands/Ipsos Multi-Screen Research, Aug. 12

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Continued smartphone momentum


Displacing feature phones

24% CAGR
Annual forecasted smartphone unit shipments
20112016

2011

2012

2013

2014

2015

2016

Cumulative smartphone unit sales forecast between 20122016


Source: Average of Gartner, Oct. 12; Strategy Analytics, Aug. 12

~5B
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Expanding areas for smartphone innovation


CPU

Modems

Connectivity
GPU Sensors DSP/Multimedia Displays

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Expanding areas for smartphone innovation


CPU
2MB L2 (8064 only) aSMP Custom krait Web Tech innovations High performance floating point Custom system interconnect

Modems
Coexistence with connectivity VoLTE/SRVCC Advanced receivers Power optimization LTE world mode LTE broadcast LTE TDD RF multi-band TD-SCDMA

Connectivity
Coexistence with WWAN Indoor location GPS/GNSS .11ac BT Miracast Multiband FM

GPU
FlexRenderTM technology GPGPU compute for imaging/video (Renderscript, OpenCL, LLVM) Unified shader architecture Low power innovations Stereoscopic rendering Accelerated WebGL Profiling tools

Sensors
Accelerometer Proximity Pressure Ambient light Gestures Temperature Gyroscope IR sensing Humidity Magnetometer

DSP/Multimedia
21 MPix 20x digital zoom Zero shutter lag Ultrasound 7.1 surround playback 5.1 surround camcorder Stereo 3D video 1080p HD video Browser with HTML5 and 1080p flash Computational camera Noise cancellation

Displays
Color correction Content adaptive backlight Frame buffer compression 3D Wireless display MEMS

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Qualcomm Snapdragon processor leadership

85+ manufacturers shipping

770+ devices announced*

550+ designs in development*

*Includes Qualcomm reference design Source: Qualcomm data

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Snapdragon Processors

Snapdragon 800
Premium smartphones, Smart TVs, digital media adapters and tablets.

Snapdragon 600
Mid-high tier smartphones and tablets.

Snapdragon 400
High volume smartphones and tablets.

Snapdragon 200
Entry level smartphones.

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Mobile is redefining computing

High performance computing


High resolution screens Responsive devices Fast, always-on connectivity Rich multimedia experience

Without compromising mobility


Sleek, ultra-light Longer battery life Thermal efficiency

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New mobile computing growth opportunities


Tablets to lead growth of new generation of mobile computing devices

41%
CAGR (2011-2016)
Tablets: Average of Gartner, Dec. 12; Strategy Analytics, Jan. 12;
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3G/4G growth in emerging regions

2011

2016

0.8B
3G/4G Connections

2.7B

+255%
Expected growth
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Source: Wireless Intelligence, Nov. 12

Qualcomm reference designs


Accelerating global growth of 3G smartphones

170+
devices launched

40+
OEMs

13
countries

Source: Qualcomm data

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Mobile data traffic growth


Global data traffic growth

from 20102011*

~2x

1000x
data traffic growth

Preparing for

Network efficiency
Source: Cisco, Feb 11

Small cells

More spectrum
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Qualcomm LTE leadership and scale

LTE OEM devices based on Qualcomm LTE chips: 300+ OEM LTE devices accepted by carriers 400+ more OEM LTE designs in the pipeline

700+

Source: Qualcomm data

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The unique Qualcomm advantage


Hiding the complexity underneath the most seamless mobile connectivity
Connectivity
2 3 5
Wi-Fi BT GPS

Radio Frequency Bands


21 22
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39

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7
13

10
14

11
17

12
44

18

25

20

EV-DO

GERAN

CDMA 1x

UMTS

TD-SCDMA

LTE TDD/FDD

Handover Techniques (Multiple Can Apply in Each Case)


System Selection Blind Redirection Redirection w/ Measurements Reselection PS Handover CS Fallback CSFB w/ SI Tunneling Single Radio VCC

Handover Combinations (Hypothetical Examples) LTE 2G/3G


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Qualcomm RF360 Front End Solution


The First Truly Global Solution for 4G LTE Devices

Advantages
Single SKU Power Performance

Size
Time to market
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Demand driving extreme densification

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Small cells everywhere


Low cost, small size and ease of deployment

3G

4G

Wi-Fi

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Internet of everything
Everything around us is becoming intelligent & connected

Automotive

Industrial

Health & fitness

Home

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Digital 6th sense

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Key initiatives for sustained, long-term growth


Qualcomm innovations underpin industry dynamics

Drive smartphone growth and innovation

Create new mobile computing opportunities

Enable growth in emerging regions

Solve the 1000x data challenge

Deliver the Internet of Everything

Technology leadership and financial strength


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Footnotes
1. Total reported device sales is the sum of all reported sales in U.S. dollars (as reported to us by our licensees) of all licensed CDMA-based, OFDMA-based and multimode CDMA/OFDMA subscriber devices (including handsets, modules, modem cards and other subscriber devices) by our licensees during a particular period (collectively, 3G/4G devices). The reported quarterly estimated ranges of ASPs and unit shipments are determined bas ed on the information as reported to us by our licensees during the relevant period and our own estimates of the selling prices and unit shipments for licensees that do not provide such information. Not all licensees report sales, selling prices and/or unit shipments the same way (e.g., some licensees report selling prices net of permitted deductions, such as transportation, insurance and packing costs, while other licensees report selling prices and then identify the amount of permitted deductions in their reports), and the way in which licensees report such information may change from time to time. Total reported device sales, estimated unit shipments and estimated ASPs for a particular period may include prior period activity that was not reported by the licensee until such particular period. 2. The midpoints of the estimated ranges are identified for comparison purposes only and do not indicate a higher degree of confidence in the midpoints.

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Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries. Other products and brand names may be trademarks or registered trademarks of their respective owners

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