Qualcomm Incorporated · NASDAQ:QCOM
Qualcomm — Investor Day (November 2019)
52 slides from Qualcomm's investor day presentation, Nov 19, 2019
Slide 1: Cristiano Amon, President, Qualcomm Incorporated
Cristiano Amon President, Qualcomm Incorporated
Slide 2: Safe Harbor
Safe Harbor In addition to the historical information contained herein, this presentation and the conference call that accompanies it contain forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding: our business, product, t
Slide 3: Executing on our strategy
Executing on our strategy Drive 5G smartphone transition Build scale in adjacent platforms Invest in long-term opportunities
Slide 4: 2019 is the year of 5G
Finland Elisa United Kingdom 2019 EE | Vodafone UK | Three | O2 South Korea China LGU+ | KT | SKT Ireland China Mobile Vodafone IE | EIR Germany China Unicom Deutsche Telekom | Vodafone Germany China Telecom Switzerland is the year of 5G USA Verizon | AT&T | Sprint | T-Mobile Sunrise | Swisscom Spai
Slide 5: Commercialization rapidly expanding around the globe (2020)
Japan 2020 Russia S. Korea Canada France India Commercialization rapidly Austria expanding around the globe Turkey Hong Kong Vietnam Mexico Malaysia Singapore New Zealand Sub-6 Brazil Sub-6 + mmWave Chile Operator and OEM public announcements
Slide 6: Commercialization rapidly expanding around the globe (2021+)
Bosnia and Germany Lithuania Herzegovina Luxembourg Belgium Malta Bulgaria 2021+ Netherlands Croatia Norway Cypress Poland Czechia Portugal Denmark Serbia Cambodia Estonia Slovakia Commercialization rapidly Greece Slovenia Thailand expanding around the globe Hungary Italy Sweden Latvia Hong Kong Mya
Slide 7: Leading 5G networks will have Sub-6 + mmWave
Leading 5G networks will have Sub-6 + mmWave Combining coverage, capacity, and performance benefits 5G mmWave 5G mid-band Sub-6 GHz 4G low-band/5G DSS
Slide 8: Significant coverage is achievable
Significant coverage is achievable 5G multimode mmWave y 4 = O0/ OD°/0 outdoor coverage using existing LTE sites Frankfurt 5G multimode Sub-6 GHz 8% outdoor coverage using existing LTE sites
Slide 9: Significant coverage is achievable
Significant coverage is achievable 5G multimode mmWave y 4 = O0/ OD°/0 outdoor coverage using existing LTE sites Frankfurt 5G multimode Sub-6 GHz Approximately 6% with Dynamic Spectrum Sharing carrier
Slide 10: Proven 5G mmWave performance, coverage, and power-efficiency
Proven 5G More than Non-line-of-sight: mmWave 10x 200+ Mbps performance, peak performance gains compared to 1+ Gbps line-of-sight; coverage, and LTE only With mobility power-efficiency More than Average rates of Signals Research Group’s field results 14 hours 1.6 Gbps show 5G mmWave usage meeting av
Slide 11: 5G mmWave realizes the full potential of 5G
Pérez View 1 View 2 5G mmWave Granollers, Spain Right wing PKs 2019 7 (95%) View 3 View 4 Sam Jenny realizes the full potential of Consumer experiences Enterprise Industrial High-density 4K multi-view venue connectivity 360° streaming and sharing Beth XR guided execution Dynamic factory reconfigurat
Slide 12: Executing on a phased approach for 5G rollout
Executing on a phased approach for 5G rollout 5G is NSA, SA, FDD, TDD, CA, DSS, Sub-6, mmWave LTE EPC LTE UE Lower band LTE
Slide 13: Supporting 2019 5G rollouts with non-standalone mode
Supporting 2019 5G rollouts with non-standalone mode Dual connectivity 5G NR LTE EPC LTE NSA UE Higher band 5G Lower band LTE
Slide 14: Expanding coverage with lower bands
Expanding coverage Expand 5G coverage with lower bands • Dynamic Spectrum Sharing (DSS) • 5G FDD in low bands Higher band 5G NR Frequency LTE LTE + 5G NR EPC LTE NSA 5G 5G NR UE UE Time 100ms 100ms 100ms Higher band 5G Lower Lower band 5G/4G LTE FDD band
Slide 15: Direct migration to standalone core network with DSS
Direct migration to standalone core network with DSS Higher band 5G NR Lower band LTE + 5G NR SA 5G UE UE 5G core Higher band 5G Lower Lower band 5G/4G LTE FDD band network Option 2 to introduce 5G core services like QoS, security, slicing
Slide 16: Increasing 5G performance with carrier aggregation
Increasing 5G performance with carrier aggregation Aggregated Extends high-band usable performance coverage to downlink limit Higher band 5G NR Lower band LTE + 5G NR EPC SA 5G UE UE 5G core High/mid 5G band TDD UL TDD DL Extended coverage with DSS and FDD low bands network Standalone option 2
Slide 17: Key drivers in place for 5G adoption in 2020
Key drivers in place for 5G adoption in 2020 4G to 5G Proliferation Mature device Differentiated transition to of unlimited ecosystem 5G experiences drive upgrades plans Premium-tier will be 5G regardless of coverage 3+ year old 4G phones creates US, South Korea, and EU appetite for upgrade cycle al
Slide 18: 5G elevates the role of cloud services
Powerful app 5G elevates the role platforms of cloud services Always connected Virtually unlimited storage On-demand computing 4G Smartphone 5G Smartphone
Slide 19: Well positioned to benefit from 5G transition
Well positioned to benefit from 5G transition Presence extends across the global ecosystem United States Automotive Europe Cloud/Services Energy China Enterprise Japan Healthcare Korea Logistics Russia Manufacturing Australia Retail Leading development and Leading portfolio Leading Key New test plat
Slide 20: Drive 5G smartphone transition
Drive 5G smartphone transition
Slide 21: Mobile SAM $53B
SAM RFFE ($B) Core chipset Mobile Core Chipset and RFFE $53B 39 53 18 Estimated CY22 13 SAM opportunity ~10% CAGR 35 26 CY19e CY22e SAM: Serviceable Addressable Opportunity Source: Combination of third-party and internal estimates.
Slide 22: 5G devices launched or in development
5G smartphones 5G embedded Hotspots modules and CPEs Lenovo LG Motorola Nubia OnePlus Z6 Pro 5G V50 moto z4/z3 Mini 5G 7 Pro 5G 230+ ThinQ 5G + 5G mod 5G devices launched or in OPPO Samsung Samsung Samsung Samsung Reno 5G Galaxy Galaxy Fold Galaxy A90 5G development S10 5G Note10+ 5G Vivo Vivo Xiaom
Slide 23: Driving 5G growth in other industries
Driving 5G Compute growth in other industries Fixed Wireless Access Snapdragon Modem-RF System selected by over 30 XR technology FIH suppliers Enterprise X50 5G modem-RF system Automotive X55 5G modem-RF system Industrial IoT
Slide 24: Comprehensive roadmap of 5G Modem-RF Systems
Modem- to-antenna Comprehensive roadmap of 5G Modem-RF Systems to drive 5G expansion Modem RF transceiver 1H 2019 2H 2019 2020 First wave of devices Second wave Broader, faster adoption RF Front-End 8, 7, 6 Series Mobile Platforms
Slide 25: Snapdragon: the benchmark for mobile SoCs
Snapdragon: A leading AI platform the benchmark 1B+ AI-capable devices for mobile SoCs enabled with our technology* 4G and 5G connectivity First Wi-Fi 6-ready mobile solution 4 purpose-built 6 leading Most Powerful AI in a mobile platform gaming phones DXOMark phones Leading GPU performance Leading
Slide 26: Our RFFE strategy is working
Power amplifier Our RFFE strategy mmWave Modem + antenna Transceiver is working module Building a comprehensive Modem RF transceiver modem-to-antenna solution RF Front-End Multi-year investment Envelope Antenna tracker End-to-end Modem-RF system tuner Completed $3.1B acquisition of TDK’s RF business
Slide 27: Early 5G smartphone designs using our Modem-RF System
Early 5G smartphone designs using our Modem- LG V50 ThinQ 5G OnePlus 7 Pro 5G OPPO Reno 5G Xiaomi Mi MIX 5G Samsung Galaxy S10 5G RF System Modem + Transceiver IHS teardowns Power reveal leadership in amplifiers Sub-6 Ghz and DRx module mmWave devices Envelope tracking Filters Antenna tuner mmWave a
Slide 28: Galaxy Fold 5G
Samsung 5G PA 5G DRx DRx Galaxy Fold 5G 5G DRx Sub-6 RFFE content from Qualcomm Technologies* Snapdragon X50 5G Qualcomm® DM3870 Copyright © 2019 IHS Markit 5G modem 4G DRx module Qualcomm® PM4850 Qualcomm® AT3550 Modem 5G DRx 5G PA module Antenna impedance tuner RF Qualcomm® DM4850 x3 Qualcomm® AT3
Slide 29: We leverage R&D into adjacent platforms
We leverage R&D into adjacent platforms The power of Expansion in growth our mobile platform opportunities SoC Industry leading technology and portfolio Existing technologies on adjacent platforms SoC Connectivity Integrated Audio/ Camera Artificial Automotive IoT SoC Codec intelligence Software Mod
Slide 30: Our growth strategy: Platforms
New Automotive Cloud/Edge AI Compute ADAS IoT Our growth Platforms 5G technology RFFE strategy leadership and transition Wi-Fi/Bluetooth Fingerprint Deepen our mobile expertise and extend it Modules to new platforms Mobile Existing New Tech/products
Slide 31: Build scale in adjacent platforms
Build scale in adjacent platforms
Slide 32: Automotive SAM $4B
SAM ($B) Automotive $4B 4 2+ Estimated CY22 SAM opportunity 12% CAGR CY19e CY22e SAM: Serviceable Addressable Opportunity Source: Combination of third-party and internal estimates.
Slide 33: Vehicle domain consolidation and car-to-cloud connectivity driving auto opportunity
Vehicle domain consolidation and car-to-cloud connectivity driving auto opportunity Automotive architecture transitioning to high value SoCs Infotainment Telematics | C-V2X Digital Cockpit Qualcomm Snapdragon Rear Seat Entertainment Automotive 4G/5G platforms Qualcomm Snapdragon Qualcomm® C-V2X plat
Slide 34: World's leading automakers build with our solutions
Trusted advisor to automakers World’s leading automakers #1 In telematics and build with our solutions Bluetooth for automotive #1 In premium next-gen infotainment design wins for production vehicles starting 2020 18 Automakers have selected the Qualcomm® Snapdragon™ Automotive Infotainment Platform
Slide 35: Compute SAM $8B
SAM ($B) Compute $8B 8 7 Estimated CY22 SAM opportunity 2% CAGR CY19e CY22e SAM: Serviceable Addressable Opportunity Source: Combination of third-party and internal estimates.
Slide 36: Accelerating the future of enterprise in the cloud
Accelerating the future of enterprise in the cloud Enterprise-owned cloud
Slide 37: Redefining mobile computing
Focused on growth areas in PC segment Redefining Thin/light category; ASPs growth in premium Innovation to deliver mobile computing differentiated value Core i5 performance with multi-day battery life, 5G, and AI Overcoming key pain points Secure and fast connectivity, mobility design — thin, light,
Slide 38: Our position
Dedicated Multiple commercial launches enterprise ready 5G PC YoY growth compute platforms Q1 2020 Miix 630 Galaxy Book 2 Our Yoga C630 Galaxy Book S position Matebook E Weibu Prima Surface Pro X NovaGo with Microsoft Envy x2 SQ1
Slide 39: IoT SAM $13B
SAM IoT: Connectivity ($B) IoT: Other IoT $13B 13 10 4 Estimated CY22 3 SAM opportunity 9 10% CAGR 7 CY19e CY22e SAM: Serviceable Addressable Opportunity Source: Combination of third-party and internal estimates.
Slide 40: Well positioned in IoT: >11,000 customers
Industrial IoT Small cells Industrial handhelds mmWave Retail POS Open RAN Robotics Security camera Well positioned in IoT >11,000 customers Broad portfolio of solutions and platforms Fixed Wireless Connectivity to fuel growth and innovation 5G CPE Wi-Fi 6 and mesh
Slide 41: IoT categories and solutions
Industrial IoT Small cells Industrial handhelds mmWave Wearables Voice and Music Retail POS Open RAN Watches Smart speaker Robotics Trackers High fidelity audio Security camera Earbuds Fixed Wireless Connectivity Consumer IoT XR 5G CPE Wi-Fi 6 Robots HMD and mesh Smart display Viewers Cameras Smart
Slide 42: Invest in long-term opportunities
Invest in long-term opportunities
Slide 43: Cloud/Edge AI and ADAS SAM $18B
SAM Cloud/Edge AI ($B) Long-term ADAS investment opportunities $18B 18 Estimated CY24 13 SAM opportunity 5 CY24e SAM: Serviceable Addressable Opportunity Source: Combination of third-party and internal estimates.
Slide 44: Driving distributed intelligence
Driving distributed intelligence = Bringing the cloud closer to devices at the edge
Slide 45: Qualcomm Cloud AI 100 addressing four key industries
Data center Automotive Qualcomm® Cloud AI 100 addressing four key industries Cloud AI 100 Optimized design High performance Low power 5G edge box 5G infrastructure Qualcomm Cloud AI 100 is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.
Slide 46: Bringing power efficient AI inference processing to the cloud
Qualcomm Cloud AI 100 Bringing power vs. competitor efficient AI AI >2x >2x inference accelerators Performance Perf/Watt processing to the cloud Resnet50 (inference/s) Qualcomm Cloud AI 100 offers best peak FPGA >10x Improvement performance, performance per >2x watt vs. competitor >10x Improvement Q
Slide 47: Expanding our automotive system design leadership to ADAS
Expanding our automotive system design leadership to ADAS ADAS 3G/4G ADAS CPU GPU DSP Visualization Power Hardware-in-loop Computer Neural 5G Accelerator Management Software-in-loop Vision Processor/AI C-V2X Precise Position Virtualization ADAS Stack Radar Safety Security Safe RTOS Certification int
Slide 48: Expanding the mobile ecosystem to new industries
Manufacturing Transportation Healthcare Agriculture Expanding the mobile ecosystem to new industries Up to Energy Security Smart cities Retail $13.2T economic impact of 5G-enabled goods and services in 2035* * The 5G Economy, an independent study from IHS Markit, commissioned by Qualcomm, October 20
Slide 49: The 5G revolution
The 5G revolution Mobile Auto Compute IoT 4K Video Augmented reality Connected Mobile eMBB edge Small Cell Interaction in infotainment compute gateways Private Networks Social-circle-based and MEC AR Mobile gaming Virtual presence C-V2X Remote 4K video conferencing RSU mMTC meters, WIN Live 4K track
Slide 50: More news to come
More news Snapdragon to come Tech Summit CES December 3–5, 2019 January 7–10, 2020 Next generation mobile platforms ADAS driving strategy Mobile computing update XR update qualcomm.com/snapdragonsummit
Slide 51: Key takeaways
Continued investment to drive roadmap leadership to sustain momentum 2021 and beyond Global customer footprint with multi-year agreements 5G commercialization acceleration with Sub-6 DSS and mmWave Key takeaways Leading modem-to-antenna system with RF Front-End technology Platform of choice for othe
Slide 52: Thank you
Thank you Follow us on: For more information, visit us at: www.qualcomm.com & www.qualcomm.com/blog Nothing in these materials is an offer to sell any of the components or devices referenced herein. Nothing in the videos References in this presentation to “Qualcomm” may mean Qualcomm Incorporated, Q