-- Groundbreaking Second-Generation Qualcomm® Snapdragon™ X55 5G Modem Extends the Company's 5G and 4G Leadership with Comprehensive Modem-to-Antenna Solution Supporting All Major Spectrum Types and Bands --

SAN DIEGO, Feb. 19, 2019 — (PRNewswire) —  Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today announced the Snapdragon X55 5G modem, its second-generation 5G New Radio (NR) modem. Snapdragon X55 is a 7-nanometer single-chip integrated 5G to 2G multimode modem that supports 5G NR mmWave and sub-6 GHz spectrum bands with up to 7 gigabits per second (Gbps) download speeds and 3 Gbps upload speeds over 5G, and Category 22 LTE with up to 2.5 Gbps LTE download speeds. The Snapdragon X55 5G modem is designed for global 5G rollouts with support for all major frequency bands, whether mmWave or sub-6 GHz, supports TDD and FDD modes of operations and is capable of both Standalone (SA) and non-standalone (NSA) network deployments – providing flexibility and enabling virtually all deployment types globally. In addition to deployments in greenfield frequency bands allocated for 5G, the Snapdragon X55 modem is engineered to support dynamic spectrum sharing between 4G and 5G, enabling operators to accelerate 5G deployments by using their existing 4G spectrum holdings to deliver both 4G & 5G services dynamically.

The full release is available on the Qualcomm News Center website at( https://www.qualcomm.com/news/releases/2019/02/19/qualcomm-unveils-worlds-most-advanced-commercial-multimode-5g-modem)

About Qualcomm

Qualcomm invents breakthrough technologies that transform how the world connects, computes 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 that are inherently subject to risks and uncertainties, including but not limited to statements regarding our expectation that our 5G platform will accelerate 5G commercial momentum and power virtually all 5G launches in 2019 while significantly expanding the global 5G rollout footprint; our expectation that the Snapdragon X55 will be in commercial devices by late 2019; the anticipated capabilities and features of our products; and the value, benefits and advantages our products and technologies may provide to OEMs and their products, technologies and businesses, as well as to the industry. 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 but are not the exclusive means of identifying 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 the amount, if any, and the timing, of purchases of our products by OEMs; the timing of OEMs' releases of commercial devices; our overestimating the anticipated capabilities of our products or technologies, the benefits of our products and technologies to the industry and to OEMs and their products, and the impact of our products and technologies on, and the timing of, 5G commercial momentum and product launches; changes in economic, business, competitive, technological, strategic and/or regulatory factors, and other factors affecting our business and products, our customers' and licensees' sales of products and services, and our customers' demand for our products and services; and other risks as set forth in Qualcomm Incorporated's Quarterly Report on Form 10-Q for the fiscal quarter ended December 30, 2018 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.

Qualcomm Contacts:
Pete Lancia, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com

Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

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