Qualcomm Welcomes Ninth Circuit Stay Ruling in FTC Case

-- District Court Decision is stayed through course of expedited appeal --

SAN DIEGO, Aug. 23, 2019 — (PRNewswire) —  Qualcomm Incorporated (NASDAQ: QCOM) today announced that the United States Court of Appeals for the Ninth Circuit granted in its entirety Qualcomm's request for a partial stay, pending appeal, of an injunction from the U.S. District Court for the Northern District of California. In addition, the Court ordered oral argument on our expedited appeal to be set in January 2020. 

"We are pleased that the Ninth Circuit granted our request and believe the district court decision will be overturned once the merits of our appeal have been considered," said Don Rosenberg, executive vice president and general counsel for Qualcomm. "The stay, which remains in effect through the course of the appeals process, keeps intact Qualcomm's patent-licensing practices. This will allow Qualcomm to continue to invest in inventing the fundamental technologies at the heart of mobile communications at this critical time of transition to 5G."

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, substantially all of our engineering, research and development functions, and substantially 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 Contacts:
Pete Lancia, Corporate Communications
Phone:  1-858-845-5959
Email: corpcomm@qualcomm.com

Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-5431
Email: ir@qualcomm.com

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SOURCE Qualcomm Incorporated

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Company Name: Qualcomm Incorporated
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