Lee Wills-Irvine. September 30, 2009

Transcription

1 Lee Wills-Irvine September 30, 2009

2 Overview About Qualcomm Our People Global Diversity & Inclusion Staffing Strategies 2

3 Safe Harbor Before we proceed with our presentation, we would like to point out that the following discussion will contain forward-looking statements from industry consultants, Qualcomm, and others regarding industry trends, anticipated future results and product availability, potential market size, market shares, and other factors which inherently involve risks and uncertainties, including the rate of development, deployment and commercial acceptance of CDMA- and OFDMA-based networks and technology and fluctuations in the demand for CDMA- and OFDMA-based products, services or applications. These and other risks and uncertainties relating to Qualcomm s business are outlined in detail in our most recent 10-Q and 10-K filings with the Securities and Exchange Commission. Please consult those documents for a more complete understanding of these risks and uncertainties. This presentation includes a discussion of "non-gaap financial measures" as that term is defined in Regulation G. The most directly comparable GAAP financial measures and information reconciling these non-gaap financial measures to the company's financial results prepared in accordance with GAAP have been included at the end of this presentation. Disclaimer Nothing in these materials is an offer to sell any of the components or devices referenced herein. Certain components for use in the U.S. are available only through licensed suppliers. Some components are not available for use in the U.S. 3 3/3/09

4 Founded in 1985 Fortune 500 Company Approx. 10,100 U.S. and 48,000 International patents and patent applications of CDMA and related technologies including WCDMA and OFDMA Member of the S&P 100 & 500 Indexes 4

5 Outside Magazine names Qualcomm a Best Company to Work For 4. Qualcomm >San Diego, California No more squandering your lunchtime bike ride for a trip to the dentist. Qualcomm, a wireless communications firm with 13,111 staffers, employs a mobile dental RV that makes regular office stops (the program was so successful, they recently added a roving eye doctor). The company's Q-Flex policy encourages job sharing, telecommuting, and plenty of freedom ideal for parents or employees who just want to burn off energy in the ten spareno-expense fitness centers spread among the company's five main San Diego campuses. company's Q-Flex policy encourages job sharing, telecommuting, and plenty of freedom ideal for parents or employees who just want to burn off energy in the ten spare-no-expense fitness centers spread among the company's five main San Diego campuses. 5

6 Financial Highlights Fiscal 2008 Record Revenues - $11.1 Billion, Up 26% YOY Operating Income - $3.73 Billion GAAP, Up 29% YOY EPS - $1.90 GAAP, Down 3% YOY Cash Flow - $3.56 Billion Operating Cash Flow, Down 7% YOY 6 Note: Pro forma results exclude the QSI segment, certain estimated share-based compensation, certain tax items related to prior years and acquired in-process R&D expense. Free cash flow defined as net cash provided by operating activities less capital expenditures.

7 7 Key Business Segments

8 8 Qualcomm Business Model: Technology and Value Chain Enabler

9 There s More to Wireless Qualcomm is bringing the most advanced and personal mobile devices and services to life. 9

10 ~830 Million 3G Subscribers Today Forecasted to Grow to ~2.4B 3G Subs. by G 10 Source: Wireless Intelligence

11 Why Wireless Connectivity Matters 11 Sources: Telecommunications Management Group, Inc (TMG) and ITU World. Telecommunications Database Statistics; 2007

12 12 Creating New Mobile, Computing and CE Device Categories

13 Expanding the Wireless Ecosystem Operators Manufacturers Web Co s & e-tailers Media, Services & Applications 13

14 Ideas That Matter More Qualcomm is helping to redefine ways in which people interact with their world. 14

15 Technology keeping up with our lives 15

16 16 Wireless Mobile Devices and Biosensors Will Transform Healthcare

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18 18 FLO TV: An Unmatched Mobile Entertainment Service

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20 20 Diversity Dimensions

21 A culture where engaged people bring their unique talents and experiences to share and leverage for innovation, execution and partnership. Global Workforce Inclusion Diversity & Inclusion Diversity AAP/EEO 21

22 Business Imperatives Align with Values Value Partnership Global Workforce Inclusion Outcomes 1. Enhances existing business 2. Fosters access to emerging markets 3. Improves cross-cultural negotiations Effect Increases Growth & Revenue Innovation 1. Expands problem solving 2. Develops new ideas and concepts 3. Creates an open work environment Increases Productivity Execution 1. Attracts and retains top talent 2. Minimizes voluntary turnover & helps retention 3. Reduces recruiting costs Increases Efficiencies 22

23 Our Diverse workforce by government standards 23% Managers+ are women 35% Managers+ are Minorities 43% Employees are age % Newly hired employees are minorities As of fiscal year

24 Companies strive to build inclusive workforces globally to serve an increasingly diverse customer base, and to effectively attract and retain talent Demographic changes such as ageing populations, higher numbers of women than men in many countries, and increased migration mean that fostering an inclusive work environment is essential An inclusive workforce can also lead to superior financial performance. According to research by Catalyst, the top 50 companies for gender diversity in the Fortune 500 outperformed the NASDAQ by 28.2%, the S&P 500 by 24.8%, and the Dow Jones Industrial Average by 22.4% over a 10-year period. In addition to these wider business benefits, diversity can have a positive impact on employees performance and engagement. Research by the Corporate Leadership Council suggests that having the opportunity to work with a diverse group of people can increase individual performance by 6.3 % and increase employee engagement by 18.5%. Source: CLC 24

25 3 Prong Strategy PAST Internal Development - Communication - Business Imperative - Employee Resource Groups - Mentorship - HR Business Partners - Performance Metrics -Team Dynamics - AAP/EEO External PRESENT Strategies - Communication - Partnerships - Accountability/Metrics - Celebrate/Recognize - Managers conversations - Events - Proactive Outreach - Recruiter training - Student & Professional organizations Community FUTURE Engagement - Communication - Awards - Board Membership - Corporate Philanthropy - Scholarships - Volunteerism 25

26 26 Check out our web site - qualcomm.com/ diversity

27 Thank You Lee Wills-Irvine 27