Qualcomm and Broadcom Reach Settlement and Patent Agreement

San Diego and Irvine, California (ots/PRNewswire) -

- Agreement Ends Litigation Between the Companies Worldwide -

Qualcomm Incorporated (Nasdaq: QCOM) and Broadcom Corporation
(Nasdaq: BRCM) today announced that they have entered into a
settlement and multi-year patent agreement. The agreement will result
in the dismissal with prejudice of all litigation between the
companies, including all patent infringement claims in the
International Trade Commission and U.S. District Court in Santa Ana,
as well as the withdrawal by Broadcom of its complaints to the
European Commission and the Korea Fair Trade Commission. Under the
agreement, the companies have granted certain rights to each other
under their respective patent portfolios. Qualcomm will pay Broadcom
$891 million over a four-year period. The terms of this agreement
will not result in any change to Qualcomm's 3G (e.g., CDMA2000(R),
WCDMA and TD-SCDMA) and 4G (e.g., LTE and WiMAX) licensing revenue
model.

The terms of the agreement include, among other elements:
- Broadcom and Qualcomm agree not to assert patents against each other
for their respective integrated circuit products and certain other
products and services;
- Broadcom agrees not to assert its patents against Qualcomm's customers
for Qualcomm's integrated circuit products incorporated into cellular
products;
- Qualcomm's customers do not receive rights to any of Broadcom's patents
with respect to Qualcomm integrated circuit products incorporated into
non-cellular products and equipment;
- Qualcomm agrees not to assert its patents against Broadcom's customers
for Broadcom's integrated circuit products incorporated in non-cellular
products;
- Broadcom customers do not receive rights to any of Qualcomm's patents
with respect to Broadcom integrated circuit products incorporated into
cellular products and equipment;
- Qualcomm will pay Broadcom $891 million in cash over a period of four
years, of which $200 million will be paid in the quarter ending June 30,
2009. The agreement does not provide for any other scheduled payments
between the parties.

Other terms of the agreement are confidential.

"We believe that this resolution is positive for both Qualcomm
and Broadcom, our customers, our partners and the overall industry,"
said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm, and Scott A.
McGregor, president and CEO of Broadcom.

"The settlement will allow us to direct our full attention and
resources to continuing to innovate, improving our competitive
position in this economic downturn, and growing demand for wireless
products and services," Jacobs said. "I am pleased that we have
achieved this important settlement. At a time when the wireless
industry should be focused on moving forward, the agreement removes
uncertainty for Qualcomm and its customers."

"Today's settlement allows both companies to move on with their
business and compete in the semiconductor sector as two of its
innovation leaders," McGregor said. "We have set aside our
differences while addressing the needs of our customers, our
shareholders and the industry. In addition, the companies have worked
together to achieve their mutual goals of improving the competitive
dynamics of the industry."

About Qualcomm

Qualcomm Incorporated (Nasdaq: QCOM) 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
100 Index, the S&P 500 Index and is a 2009 FORTUNE 500(R) company.
For more information, please visit www.qualcomm.com.

About Broadcom

Broadcom Corporation is a major technology innovator and global
leader in semiconductors for wired and wireless communications.
Broadcom(R) products enable the delivery of voice, video, data and
multimedia to and throughout the home, the office and the mobile
environment. We provide the industry's broadest portfolio of
state-of-the-art system-on-a-chip and software solutions to
manufacturers of computing and networking equipment, digital
entertainment and broadband access products, and mobile devices.
These solutions support our core mission: Connecting everything(R).

Broadcom is one of the world's largest fabless semiconductor
companies, with 2008 revenue of $4.66 billion, holds over 3,300 U.S.
and over 1,300 foreign patents, and has more than 7,500 additional
pending patent applications, and one of the broadest intellectual
property portfolios addressing both wired and wireless transmission
of voice, video, data and multimedia.

Broadcom is a FORTUNE 500(R) company headquartered in Irvine,
Calif., and has offices and research facilities in North America,
Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at
www.broadcom.com.

Cautions regarding Forward Looking Statements:

All statements included or incorporated by reference in this
release, other than statements or characterizations of historical
fact, are forward-looking statements. These forward-looking
statements are based on Qualcomm's and Broadcom's current
expectations, estimates and projections about their respective
businesses, respective management's beliefs, and certain assumptions
made by Qualcomm and Broadcom, all of which are subject to change.
Forward-looking statements can often be identified by words such as
"anticipates," "expects," "intends," "plans," "predicts," "believes,"
"seeks," "estimates," "may," "will," "should," "would," "could,"
"potential," "continue," "ongoing," similar expressions, and
variations or negatives of these words. Examples of such
forward-looking statements include, but are not limited to,
references to the anticipated benefits to Qualcomm, Broadcom and
other third parties related to the settlement and references to the
effect of the agreement on Qualcomm's 3G and 4G licensing revenue
model. These forward-looking statements are not guarantees of future
results and are subject to risks, uncertainties and assumptions that
could cause actual results to differ materially and adversely from
those expressed in any forward-looking statement.

The respective Annual Reports on Form 10-K, subsequent Quarterly
Reports on Form 10-Q, recent Current Reports on Form 8-K, and other
Securities and Exchange Commission filings, of Qualcomm and Broadcom
discuss important risk factors that could affect their respective
businesses, results of operations and financial condition. The
forward-looking statements in this release speak only as of this
date. Neither Qualcomm nor Broadcom undertakes any obligation to
revise or update publicly any forward-looking statement for any
reason, except as required by law. All statements made by or
concerning Qualcomm or Broadcom, respectively, are made solely by
such applicable party and such party is solely responsible for the
content of such statements.

Qualcomm is a registered trademark of Qualcomm Incorporated.
CDMA2000 is a registered trademark of the Telecommunications Industry
Association (TIA USA). Broadcom(R), the pulse logo, Connecting
everything(R), and the Connecting everything logo are among the
trademarks of Broadcom Corporation and/or its affiliates in the
United States, certain other countries and/or the EU. All other
trademarks are the property of their respective owners.

Qualcomm Contacts:
Christine Trimble, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Gilbert, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
Broadcom Contacts:
Broadcom Business Press Contact
Bill Blanning
Vice President, Global Media Relations
Phone: 1-949-926-5555
Email: blanning@broadcom.com
Broadcom Financial Analyst Contact
T. Peter Andrew
Vice President, Corporate Communications
Phone: 1-949-926-5663
Email: andrewtp@broadcom.com

SAN DIEGO and IRVINE, California, April 27 /PRNewswire/ --

ots Originaltext: Qualcomm Incorporated; Broadcom Corporation
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Christine Trimble, Corporate Communications, +1-858-845-5959,
corpcomm@qualcomm.com, or John Gilbert, Investor Relations,
+1-858-658-4813, ir@qualcomm.com, both of Qualcomm Incorporated; or
Broadcom Business Press Contact, Bill Blanning, Vice President,
Global Media Relations, +1-949-926-5555, blanning@broadcom.com, or
Broadcom Financial Analyst Contact, T. Peter Andrew, Vice President,
Corporate Communications, +1-949-926-5663, andrewtp@broadcom.com