Qualcomm Strongly Disagrees with Ruling in FTC Case and Will Seek Immediate Stay and Appeal of Ruling

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SAN DIEGO — May 22, 2019 — Qualcomm Incorporated (NASDAQ: QCOM) announced that U.S. District Court Judge Lucy H. Koh issued a ruling in favor of the U.S. Federal Trade Commission in the FTC’s litigation against the Company. Qualcomm will immediately seek a stay of the district court’s judgment and an expedited appeal to the U.S. Court of Appeals for the 9th Circuit.

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“We strongly disagree with the judge’s conclusions, her interpretation of the facts and her application of the law,” said Don Rosenberg, executive vice president and general counsel of Qualcomm.