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William Blair Growth Stock ConferenceJune 17, 2010

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Bill Davidson

Senior Vice President, Global Marketing & Investor Relations

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Safe Harbor

Before we proceed with our presentation, we would like to point out that the following discussion will contain forward-looking statements from industry consultants, Qualcomm and others regarding industry trends, anticipated future results and product availability, potential market size, market shares and other factors that inherently involve risks and uncertainties, including the rate of development, deployment and commercial acceptance of CDMA- and OFDMA-based networks and technology and fluctuations in the demand for CDMA- and OFDMA-based products, services or applications. These and other risks and uncertainties relating to Qualcomm’s business are outlined in detail in

our most recent 10-Q and 10-K forms filed with the Securities and Exchange Commission. Please consult those documents for a more complete understanding of these risks and

uncertainties.This presentation includes a discussion of "non-GAAP financial measures" as that term is defined in Regulation G. The most directly comparable GAAP financial measures and information reconciling these non-GAAP financial measures to the Company's financial results prepared in accordance with GAAP have been included at the end of this presentation.

DISCLAIMER Nothing presented here today, in any video, slide presentation, demonstration or otherwise, is an

offer to sell any components or devices. Certain components for use in the U.S. are available only through licensed suppliers. Some components are not available for use in the U.S.

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180+ 3G licensees

Broadly licensed patent portfolio:~12.6K U.S. and ~59.2K international granted patents and pending patent applications

700+ devices launched in FY09 based on QCT Chipsets

9 royalty-bearing single-mode 4G licensees (including Top 3 OEMs)

World’s largest fabless semiconductor company, #1 in wireless

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Strong Global 3G Subscriber and Network Growth3G GROWTH THE KEY DRIVER FOR QUALCOMM

Source: Wireless Intelligence (Jan 2010), GSMA and CDG, December 2009

0

100

200

300

400

500

600

700

2005 2009

3G Operators

0

100

200

300

400

500

600

700

800

900

1,000

2005 2009

3G Subscribers (Millions)

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Trends Driving Data Growth

AT&T Has Seen 5000% Mobile Data Growth Over Past 3 Years

3G subscriber growth

Application stores

Shift to cloud computing

Flexible data rates

Broadband connectivity

Source: AT&T

Video downloads

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The Cell Phone Has Become the Biggest Platform Created

Note : 3G includes CDMA2000, WCDMA and TD-SCDMA

Source: Wireless Intelligence estimates as of April 19, 2010 for the quarter ending March 31, 2010; number of unique wireless connections.

>1B 3G Subscribers TodayExpected to be ~2.8B by 2014

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3G HANDSET SHIPMENTS* (MILLIONS)

0

200

400

600

800

1,000

1,200

2008 2009 2010E 2011E 2012E 2013E 2014E

Migration From 2G to 3G Continues to Accelerate

3G

GSM

Note: Average does not include IDC and Strategy AnalyticsSources: Average of ABI Research (Mar 10), Informa (1Q2010) and Yankee (Mar10)

*Shipments refer to sell-through numbers from Informa Telecoms & Media and Yankee and sell-in from ABI Research.

~75% 3G Handset Shipments

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CDMA-Based Device Shipment EstimatesCALENDAR YEAR, MILLIONS, AS OF APRIL 21, 2010

CY2006 CY2007 CY2008* CY2009* CY2010CDMA2000 WCDMA

297

382

476500-516

600-650e

CDMA Growth is a Key Stockholder Value DriverNote: As with our prior estimates of CDMA-based device ASPs and unit shipments, the reported quarterly estimated ranges of ASPs and unit shipments are determined based 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 selling prices and/or unit shipments the same (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. The midpoints of the estimated ASP and device shipment ranges for the relevant periods are identified for comparison purposes only and do not indicate a higher degree of confidence in the midpoints. WCDMA includes TD-SCDMA. * Applying adjusted assumptions (as per April 21, 2010 announcement).

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Connecting the Unconnected

BY 2011, EMERGING REGIONS ARE EXPECTED TO REPRESENT

HANDSET SHIPMENTS

Note: Emerging Markets include Americas, Eastern Europe, Middle East & Africa, India, China and Developing APAC * Shipments refer to sell-through numbers. Source: Informa Telecoms & Media (Q1 2010)

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CHINA

CDMA SUBSCRIBERGROWTH FROM 2009-2014

Source: Average WCIS and Wireless Intelligence

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INDIA

CDMA SUBSCRIBERGROWTH FROM 2009-20143G and BWA Spectrum Auctions Completed

Source: 2009-TRAI Report as of Dec 09. 2014-Avg. of WI (April 10) and WCIS (May 2010)

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LATIN AMERICA

CDMA SUBSCRIBERGROWTH FROM 2009-2014

Source: Average WCIS and Wireless Intelligence

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Qualcomm Technology Licensing (QTL)WELL POSITIONED FOR TODAY AND LONG-TERM IN A GROWING INDUSTRY

Covering 3G and Multi-Mode 3G/4G

180+ LICENSES9 ROYALTY-BEARING

LICENSEES, INCLUDING TOP 3 OEMs

3GCDMA

4GOFDMA

Covering Non-3G, Single-Mode 4G

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Qualcomm CDMA Technologies (QCT)OUR POSITION IN THE SEMICONDUCTOR INDUSTRY

Source: IC Insights, Company Report 2Q ’09; iSuppli, Q3 Update, September ‘09

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And The Need for More Compute PowerALL THE POWER OF A LAPTOP IN YOUR POCKET

ARM MCU< 20 MIPS

ARM7TDMI23 MIPS* (27 MHz)Intel 80186

10 MIPS(~2.5 MHz) * Dhrystone 2.1

** ARM Instruction Set

Multimedia PlatformARM9

Up to 160 MIPS*(146 MHz)

Enhanced PlatformARM9

Up to 250 MIPS*(225 MHz)

ConvergenceDual-Core

ARM9 + ARM11Up to 740 MIPS*

(400 MHz)

2010 2012

Snapdragon FamilyQualcomm Enhanced CPU**

(1-1.5GHz)

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QCT Strategy for Growth

Continue to ExpandSmartphones

Make Computers Smartphones(Smartbooks)

Drive Mobile Broadband into Consumer Electronics

Drive Mass Market Phones

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Expansion Into Adjacent MarketsExtending wireless leadership to include consumer electronics and mobile entertainment

Tracking

MP3

Handheld Games

eReaders

Embedded Modules

Smartbook

Netbook

PMP

PND

M2M

Telematics

Femto Box

Set-top Box

Router

LBS

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New Devices, New Categories, New Opportunities

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A New Mobile Computing Experience

Always-OnConnectivity

All-DayBattery Life

Instant On(NO standby/sleepstates)

LocationAware

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Chipset Innovation Driving Device Choice and Growth

$20 3G DEVICES FOR EMERGING

MARKETS

1.5GHZ MOBILE

PROCESSORS

SUPPORT FOR MULTIPLE POPULAR

OPERATING SYSTEMS

POWERCONSUMPTION

INTEGRATION MULTIMEDIA PROCESSING MULTIMODE FOOTPRINT

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4G Success Enhanced by 3G Experience

LTE 3G

LTE Boosts Data Capacity in Dense Urban Areas

Evolved 3G ensures similar user experience outside LTE coverage

Qualcomm is uniquely positioned to support first multimode LTE/3G deployments

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mirasol™: Disruptive Display Technology

MORE EFFICIENT THAN LCD

VISIBLE OUTDOORS

FULL COLOR ANDVIDEO CAPABLE

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WWAN

BROADCAST

Offloading Data Traffic

By 2014, Monthly Worldwide Mobile Data Traffic Expected to Exceed 2008 Total

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Well Positioned for Future Growth

2G to 3G Migration Continues

OFDMA Licensing Momentum

Technology Leadership

Expanding Partnerships

New Market Opportunities

Strategic Investing for Long-term Growth

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Thank You