Where ideas connect

Corporate Overview

“ Anything you can do on a computer, you will soon do on your mobile device. Looking ahead, your phone will be like your digital sixth sense. It will learn what you like, and as you walk down the street, it will display ‘cyber signs’ with information and offers based on your preferences. Qualcomm is giving you personal access to your own digital world.”

See the full interview video at www.qualcomm.com/overview

Dr. Paul E. Jacobs, Chief Executive Officer

there’s Qualcomm.

Qualcomm’s technology connects you wherever you are in the world. We manufacture wireless chipsets, license technology and provide communications services around the world. In a global economy,

we are the link to markets and opportunity.

We help bring minds and ideas together.

You are in Xi’an, two hours south of . I am in Granville, two hours south of Cleveland.In between us is air and technology. The air does nothing. The technology buzzes in my pocket and there you are. A terracotta warrior in front of you. Which you’ve photographed and put in front of me. And for a moment we are held together across time and space. Together between the physical and the virtual world. Between here and now. Between idea and execution. Between today and tomorrow.

A meeting breaks out in the unlikeliest of places.Under an elm tree in a park near my little one’s kindergarten. In less than 30 minutes she will bound through the door of her classroom. And I will wave my hands over my head and stand on my tip-toes so she can see me. But until then, there are connections to be made. Details to be ironed out. For 30 minutes I will be focused and productive. I will be supported by technology that allows me to be both the executive I am... and the mother I will be—in about 27 minutes.

These are just two of the many millions of stories Qualcomm is part of.

Read about how we are empowering, accelerating and transforming the future of wireless.

QualcommCorporateOverview 3

Imagine the world, organized around you.Innovative wireless technologies provide the ultimate in personalization, putting you in control of what you want, where you want it. Explore the wireless world, one story at a time.

empoweringpeople interacting with technology

Smartbooks*Combiningthesimplicity

andconnectivityof

smartphoneswiththe

powerandusabilityof

laptops,asmartbookisa

newclassofmobiledevice

thatletsyouworkandplay

allday—whereveryouare.

Snapdragon™Qualcomm’sSnapdragon

platformoffersanunprec-

edentedcombinationof

processingperformance

andoptimizedpower

consumptionforthenew

generationofsmart

mobiledevices.

Internet anywhereWithGobi™globalmobile

Internettechnology,the

worldisyourhotspot.

Theembedded3Gmodule

givesyournotebook

computerhigh-speed

Internetaccessanywhere

lifetakesyou.

Bright ideaLowpowerandhighimpact,

Qualcomm’sreflective

mirasoldisplaytechnology

offersfullcolor,video

capabilityandsuperior

visibilityevenindirect

sunlight.Inaword,brilliant.

Mobile web usage is growing 34% year-over-year.1

1TheNielsenCompany,October2009

*IntheterritoryoftheFederalRepublicofGermany,theuseoftheterm“Smartbook”inconnectionwithportablecomputersisreservedexclusivelytoSmartbookAG,Germany.

Dream onWhenIwaslittleIdreamedIcouldfly.Todaythatmeansboardingpassesandbaggagefees,butIgetthesamerushoffreedomwhenItravelinaworldwithoutwires.Ilandandcheckintomyhotel.ThesunisfadingasIwandertoanearbypark.InstantlyIamonline,reconnectingwithdeadlinesanddinnerplans.Theworldismyhotspot.Icrosscontinentsandtimezones.Iameverywhere,alwaysconnectedandsofastthatnoonecancatchme.

QualcommCorporateOverview 5

empowering

13.4 million Americans watch video on their mobile phones.1

Game onAroundhere,Sundayisknownassportsday.I’vegothotwings,coldbeer,andawarmspotonthecouch.Thenthebosscalls.Tenminuteslater,I’minacab.Mysuitisinthetrunk,mysmartbookisinmybackpack,andmymobileTVisinmyhand.Thetrafficisablur,buttheliveactioniscrystalclear.Aswepullintotheairport,myteamisdownbyone.Thenthepowerforwardinterceptsthepass.Heshoots.Hescores.Andit’snothingbutnet.

1NielsenCompany,May2009

Tune in Anunmatchedmobile

entertainmentservice,

FLOTV™bringslive

televisionfromthe

world’sbest-known

entertainmentbrandsto

ascreennearyou.Like

theoneinyourpocket.

Growth driverChryslerGroupLLC®isthe

firstautomakertoofferlive

mobileTVthroughFLOTV

AutoEntertainment.The

dealer-installedentertain-

mentpackagemakesfor

asmoothride.

New channelsNowavailableat

Amazon.com®, BestBuy®

andRadioShack®, the

FLOTVPersonalTelevision

isapocket-sized,dedicated

mobileTVdevicethat

putsfunandfunctionality

atyourfingertips.

6 QualcommCorporateOverview

Mobile lifestyleInaworldfilledwithmobile

content,Xiam®, aQualcomm

company,bringstogether

personalpreferences,

locationsandrecommenda-

tionssoyoucanchoose

what’srightforyou.

On locationTodayQualcomm’sgpsOne®

technologydeliversunparal-

leledpositionalaccuracythat

alreadyenablesahostof

applications—fromturn-by-

turndirectionstofinding

friendsandpointsofinterest.

1/2 billion mobile devices featuring

Qualcomm GPS technology have been shipped

worldwide to date.2

Tag, anyone?Theworldisabigplace,butIlikemineupcloseandpersonal.SowhenwegettoParis,myphoneismydigitaltourguide.Todayisourfirstday,andImapourwaytotheEiffelTower.We’reinlineforticketswhenIgetavirtualtagfrommyfriendUli:“Checkoutthegreatcafeacrossthestreet.”We’relivinginthemoment,sowhynot?Letmetellyou,beignetshavenevertastedsogood.

2OperatorannouncementsandWirelessIntelligenceestimatesasofJuly20,2009

QualcommCorporateOverview 7

Retail therapyWithPlazaMobileInternet™,

yourmobiledevicebecomes

acatalogofwireless

widgets.Getpersonalized

recommendations,news,

weatherandshopping

applications,plussocial

networking,photosharing

andvideo.

Mobile commerceWithMobileBankingfrom

FirethornHoldings,LLC,®

aQualcommcompany,you

canviewaccounts,transfer

balancesandpaybillsall

fromyourmobiledevice.

Ifyouwanttoshareand

exchangegiftcards,receive

andredeemoffersand

viewloyaltycardpointsor

balances,SWAGGSMfrom

Firethornletsyoudoitall

whileonthego.

Wireless wellnessWirelesshealthcare

technologiespromiseto

redefinemodernmedicine.

Qualcommisworkingto

moveinnovationsfrom

thelaboratorytothe

doctor’sofficesowecan

livelonger,healthierlives.

Mobile apps are a $343 million a year industry. By 2013, revenues are expected to increase

tenfold to $4.2 billion.1

Moving at life speedAtourhouse,I’minchargeofthemorningscramble,bedtimestoriesandeverythinginbetween.Tosimplifymylife,IusewirelessinwaysIneverimagined.Ibankonmymobilephoneatsoccerpractice,getreal-timerecommendationsonwheretoshopandevenconnectwithmydoctor.It’slikehavingmyveryownpersonalassistantinmypocket.Goingwirelesskeepseverythinginbalance,soIcanfocusonwhatmattersmost.Likewhoseturnitistocarpool.

1CBS,DanielSieberg,November2009

empowering

8 Qualcomm Corporate Overview

At Qualcomm, we accelerate mobility. For nearly 25 years we have been moving the global wireless industry forward. Today we are mobilizing technologies, experiences and opportunities for everyone across the wireless ecosystem.

acceleratingadvancing the industry

Asthelinebetweenconsumerelectronics,computersandmobilecommuni-cationdevicesdisappear,ourbusinessmodelisredefiningthewaypeopleincorporatewirelessdevicesandservicesintoeverydaylife.

Itallstartswithourcommitmenttoresearchanddevelopment,whichenablesustobuildacompletetechnologyroadmapforinnovation.Thenouropenlicensinggivesallcompanies—bigorsmall—anequalopportunitytoshapethefutureofwireless.

Ourlicensingprogramistheenginethatdrivestheentireindustryforward.Weinvest,innovateandinspiregrowthforourpartners—thenstartalloveragain.Andwhileourheritagemakesustheworldleaderinnext-generationmobiletechnologies,it’sourpeoplewhosetusapart.Innovationismorethanwhatwedo—it’swhoweare.

“Internet of Everything”

Afuturewherewireless

networksconnecteverything

inourlives.

Partners

Makingdevicesfaster,

contentricherandcustomer

relationshipsstronger.

Qualcomm R&D

Drivingtheentireindustry

forward.

Our innovation

Our business modelIthasprovensosuccessfulthattodaywelicensetomorethan190wirelessdevicemanufacturersaroundtheworld.

accelerating

advanced devices & servicesinnovative solutions

increased revenueincreasing R&D investment

operators manufacturers

web co’s &e­tailers

media, services& applicationsservices

& apps

Partners

Qualcomm R&D“The Internet of Everything”

chips &software

licensing

10 QualcommCorporateOverview

Our future Lookingahead,weseeaneraoftotalconnectivity.High-speedwirelessnetworkswillconnecteverythinginyourlife—notjustyourphoneandyourlaptop,butyourcar,yourvideocameraandmanyitemsthroughoutyourhome.Machine-to-machinecommunicationwillenableasmarterworld.

AtQualcomm,wethinkofitastheInternetofEverything.Yourmobiledeviceswillactasyoursixthsense,suggestingactivitiesandcontentbasedonyourpreferences,scheduleandlocation.Eachwirelessdiscoverywillbepersonaltoyou.

Andwebelievethat’sonlythebeginning.Inaconnectedworld,wecantakeonourmostfundamentalproblems—tosaveenergy,usewaterwiselyanddeliverhealthcaremoreefficiently.AndweseeQualcomm’sinnovationsembeddedinthetechnology,everystepoftheway.

Our partners Inanincreasinglyopenmobileworld,wearedevelopingnewcapabilitieswithourpartnerstogivepeopleauniquelypersonalmobileexperience.Ourpartnershipsaccelerategrowthforeveryone—fromoperatorsanddevicemanufacturerstoInternetcompanies,e-tailers,andmobilecontentproviders.

Ourbest-in-classchipsetspowerhandsets,smartbooks,e-booksandbeyond,whileourengineeringsupportservicesdelivertotal,integratedsolutions.Weenableopportunitiesacrosstheentirewirelessvaluechain,bymakingdevicesfaster,contentricherandcustomerrelationshipsstronger.

Today,innovationcontinuestodriveourpartnerships.Formanyoperators,thatmeansgrowingathrivingdatabusinesswhiletakingcustomersseamlesslyfrom2Gto3Gwirelesstechnologytoday—andonto4Gintheyearstocome.Asaforward-thinkingcompany,wearealwayslookingahead—notjusttothenextquarter,butfardowntheline.

More than 615 commercial 3G operators worldwide rely on technology developed

by Qualcomm, and that number continues to grow.

QualcommCorporateOverview 11

Opportunities for everyone. For Qualcomm, expanding wireless worldwide is more than a business objective—it’s a global imperative. We are transforming lives by connecting people for the first time. And that means a world where everyone can make a difference.

transformingimpact on the world

12 QualcommCorporateOverview

Growing together WellbeyondBeijing,wirelessopportunityiscallingacrossChina,thelargestglobalmarketfortele-communicationsandmobilebroadband.In2009,thecountry’sthreelargesttelecomoperatorsbegantheworld’sbiggestdeploymentof3Gwirelessnetworks,reachingmorethan300cities.

InruralChina,mobilebroadbandgivesdoctorsinstantaccesstomedicalinformation.Withper-sonalcomputersand3Ghandsets,theycanbuildtheirmedicalknowledgeanytime,anywhere.Incountrysideclinics,videoconferencingwithexpertsandonlinetrainingmeansbettercareforwomenandchildrenwhoareatgreaterhealthrisks.

QualcommisworkingonmanyfrontstoprovideourChinesepartnerswiththeworld’smostadvancedwirelesstechnologies.Nowtheyareemergingasanewglobalforceinthemobileindustry,astheyexpand3GacrossChinaandgrowtheirexportsworldwide.Forthewirelessecosphere,theopportunityisasbigasChinaitself.

3G handset sales in Mainland China may reach 50–100 million in 2010 and

500 million by 2014.1

1eepw.com.cn“InMainlandChina’s3GEra,QualcommandMediatekAretheFirsttoBenefit,”August2009

High speed, high styleInLatinAmerica,demandispushingthelarge-scalemigrationfrom2Gto3Gwirelesstechnology.Hereandaroundtheworld,thecostofdevicesiscomingdownwhileperformanceandfeaturesaregoingup.Consumersandbusinessusersaresnappingupnewdevicesatoneofthehighestreplacementratesintheindustry.

Meanwhile,carriersareleapfroggingeachotherwithfasterandfasternetworks.InBrazil,themostpopulouscountryinLatinAmerica,allfouroperatorsaretransitioningto3G.Surroundedbyablanketofmobilebroadband,manypeopleinSãoPaolomayneverthinkaboutgettingInternetaccessanyotherway.

LatinAmericaiswherehighspeedmeetshighstyle.Frommobilemusictoretailshoppingapplications,Qualcomm’sinnovationsareenablingafaster,morepersonalizedwirelessexperienceacrosstheregion.

Mobile broadband will surpass fixed broadband in Brazil by 2011, reaching

nearly 27 million data card users

in 2014 from 1.5 million in 2008.1

1PyramidResearchReport:ReportedinCellularNews,July2009

transforming

14 QualcommCorporateOverview

Mobilizing changeAfricaisavastfrontierforwireless.Unlikecostlylandlineinfrastructure,wirelessnetworksaremorepracticalforreachingeventhemostremotevillages,linkingthemtotheoutsideworld.AndinAfrica,perhapsmorethananyotheremergingmarket,wirelessaccessisnothingshortoftransformative.

Millionsofpeople—mostofwhomhaveneverhadabankaccount—nowusemobilephonestotransfermoney,makepaymentsandwithdrawcash.Farmersusetheirphonestotrackcropyieldsanddiseasesandturnonwaterwells,whilepoliticalactivistsusetheirstomonitorelectionsandempowervoters.

Recognizingthelife-changingpowerofwireless,Qualcommanditspartnershaveteameduptobringaffordabletechnologies,productsandservicestomillionsofunderservedpeopleinAfrica.Becauseit’snotjustgoodforbusiness—it’sgoodforeveryone.

The mobile phone industry in Africa has defied the global economic crisis with a monumental boom in mobile subscriptions between 2003 and 2008. In five years the number of subscriptions grew by

more than 500%.2

2UnitedNationsReport,October2009

The Internet, unpluggedEuropeanshavelonghadaloveaffairwiththeirwirelessphones.Soit’snosurprisethat3Ggrowthsurpassed2Gin2009.Withsomeofthehighestmobilepenetrationratesontheplanet,Europeremainsabellwethermarket.

EuropehasseenthefutureoftheInternet,andit’smobileineveryway.AccordingtoStrategyAnalytics,nearlyhalfofmobilephonesubscribersinWesternEuropewillaccesstheInternetviatheirhandsetsby2013.

Inwhat’sbeencalled“donglemania,”high-speedmobiledataistakingoffacrossthecontinent.Frommobilewarriorstoregularconsumers,everyoneistakingtheInternetontheroad.Withbetterpricesandfasteruploadsanddownloads,what’snottolove?It’strulytheInternetofeverything,wheneveryouwantitandwhereveryouhappentobe.

In Q2 ’09, mobile penetration in

Eastern Europe rose to 115%. Over half of the region’s markets have now reached 100% penetration.1

1WirelessIntelligence,October2009

transforming

16 Qualcomm Corporate Overview

One nation, connectedAroundtheworldandacrosstheUnitedStates,mobilebroadbandisthefastestandmostafford-ablewaytobringhigh-speedInternetaccesstoeveryone.High-speed3Gwirelesstechnologyconnectspeopletomarketsandopportunitywherevertheyare.

Broadbandisnotaluxury,butanecessityinthe21stcenturyeconomy.Itisthelinktogoodjobs,qualityeducationandbetterhealthcare.That’swhyU.S.PresidentBarackObamawantstoexpandbroadbandnetworks—tounderservedruralcommunitiesandurbanneighborhoodswherepeoplecanleastaffordit,butmayneeditmost.

WhetheryouareonWallStreetortravelingacrossoneofAmerica’swide-openspaces,mobilebroadbandlevelstheplayingfield.BecauseatQualcomm,ourtechnologiesareempoweringpeopleeverywhere.

2InternationalTelecommunicationUnion,2009

Mobile broadband subscriptions would top 600 million in 2009, with fixed broadband subscribers at

500 million.2

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Qualcomm Headquarters5775 Morehouse DriveSan Diego, CA 92121Phone: (858) 587-1121Fax: (858) 658-2100www.qualcomm.com

QualcommIncorporatedisaleaderindevelopinganddeliveringinnovativedigitalwirelesscommunicationsproductsandservicesbasedonCDMAandotheradvancedtechnologies.Qualcommservestheglobalwirelessindustrywithbreakthroughtechnologiesthatenabletheconvergenceofmobilecommunicationsandconsumerelectronics,makingnext-generationwirelessdevicesandservicesmorepersonal,affordableandaccessibletopeopleeverywhere.QualcommisincludedintheS&P100Index,theS&P500Indexandisa2009FORTUNE500®company.

Nothinginthesematerialsisanoffertosellanyofthecomponentsordevicesreferencedherein.CertaincomponentsforuseintheU.S.areavailableonlythroughlicensedsuppliers.SomecomponentsarenotavailableforuseintheU.S.

ThiscorporateoverviewisprintedentirelyonFSC-certifiedrecycledstock.Savingsderivedfromchoosingpost-consumerrecycledfiberinlieuofvirginfibertomakethepaper:227poundssolidwastewasnotgenerated—theequivalentofsaving2,053gallonsofwastewaterflow,orpreserving5treesforthefuture.

©2010QualcommIncorporated.Allrightsreserved.Variousproductsandbrandnamesmayalsobetrademarksorregisteredtrademarksthatarethepropertyoftheirrespectiveowners.[2/10]