Qualcomm’s Collaboration with Microsoft Reshapes the Smartphone Market

Qualcomm’s Mobile Station Modem???? (MSM????) MSM7xxx-series, dual-core chipsets feature integrated support for Windows Mobile, as well as a wide range of hardware-accelerated multimedia capabilities, connectivity features and mobile broadband support. The two companies first announced their collaborative relationship in May 2006 and have since continued their relationship to include collaborative development work on the MSM7225???? solution for HSPA and MSM7525???? chipset for CDMA2000 1xEV-DO Rev. A, which are designed to expand mobile broadband smartphones beyond the enterprise segment into mainstream consumer markets by enabling even lower-cost devices.

There are currently more than 20 additional smartphone devices in design that leverage MSM chipsets and Windows Mobile to support a wide range of business and entertainment applications, such as Microsoft Office Mobile, Windows Live for Windows Mobile, and third-party offerings.

Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2007 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company’s ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company’s SEC reports, including the report on Form 10-K for the year ended September 24, 2006, and most recent Form 10-Q.