Slide 1: Qualcomm to Acquire NXP Creates Semiconductor Engine for the Connected World
Qualcomm to Acquire NXP Creates Semiconductor Engine for the Connected World October 27, 2016 Exhibit 99.2
Slide 2: Additional Information and Where to Find It
Additional Information and Where to Find It The tender offer described herein has not yet commenced. This document is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any common shares of NXP Semiconductors N.V. (“NXP”) or any other securitie
Slide 3: Technology leadership, integration and scale to win in the connected world
Technology leadership, integration and scale to win in the connected world Combined revenue of $30+ Billion Significantly expands footprint in AUTO, IOT and SECURITY SUBSTANTIAL SYNERGY OPPORTUNITIES: $500 Million Complementary technology, products and channels HIGHLY ATTRACTIVE FINANCIAL ATTRIBUTES
Slide 4: Our long-term vision
Our long-term vision Transforming our world through intelligent connected platforms Building on Mobile Technology Leadership in: SoC Connectivity Next 30 Years: Interconnecting Their Worlds Last 30 Years: Interconnecting People
Slide 5: Refreshed QCT roadmap
Refreshed QCT roadmap First 5G modem Focused investments in adjacent opportunities Established licensing structure; signed 115+ new license agreements on NDRC terms SRP: Right-size cost structure; more focused investments CSR acquisition Pending TDK joint venture $20B+ returned from FY15 to Q3 FY16
Slide 6: Qualcomm + NXP: A global leader in integrated semiconductor solutions
QUALCOMM NXP QUALCOMM + NXP Annual Revenue(1) $25B $10B $35B Customers Leading mobile channel Leading auto, IoT & security channels World-class sales channels EXPECTED SAM(2) by 2020 $100B $38B $138B Qualcomm + NXP: A global leader in integrated semiconductor solutions Leading SoC technology roadmap
Slide 7: Leading positions across mobile, automotive, IoT and security
QUALCOMM NXP QUALCOMM + NXP Leading position in Smartphone SoCs and 3G/4G modems; accelerating 5G adoption Well positioned to lead in the nascent NFC/eSE technology solutions A leader Mobile SoC, Connectivity and Security Leading position in telematics and strength in compute, graphics, machine lear
Slide 8: Revenue extension beyond mobile
Mobile Products $16.9B Auto, IoT and Other $10.2B Licensing $7.9B 29% 23% 48% 8% 31% 61% QUALCOMM(1) ~$25B Revenue QUALCOMM(1) + NXP(2) ~$35B Revenue Revenue extension beyond mobile (1) Qualcomm revenue is fiscal year 2015 revenue as reported under GAAP. Note Qualcomm other revenue is from non-repor
Slide 9: Transaction overview
Transaction consideration $110 in cash per share; $47B enterprise value To be financed through cash on hand and $11B in new debt FINANCIAL IMPACT Anticipate $500M annualized cost synergies within 2 years of close Expected to be significantly accretive to non-GAAP EPS immediately upon close Committed
Slide 10: Cost synergies
Cost synergies Expect total annualized synergies of $500 million $1.4B spending reduction under Strategic Realignment Plan $500M synergy targets from NXP Freescale combination EXPECTED synergies are incremental TO STANDALONE cost saving initiatives Total EXPECTED Cost Synergies $500M cost saving opp
Slide 11: Financial strength and capital returns
Financial strength and capital returns Return of Capital Balance Sheet Acquisition financing Ability to rapidly deleverage; expect to approach pre-transaction leverage ratios within two years of close Share repurchases Anti-dilutive share repurchases through deleveraging period Strong liquidity Expe
Slide 12: Technology leadership, integration and scale to win in the connected world
Technology leadership, integration and scale to win in the connected world Combined revenue of $30+ Billion Significantly expands footprint in AUTO, IOT and SECURITY SUBSTANTIAL SYNERGY OPPORTUNITIES: $500 Million Complementary technology, products and channels HIGHLY ATTRACTIVE FINANCIAL ATTRIBUTES
Slide 13: Thank you
Thank you Follow us on: f W in For more information, visit us at: www.qualcomm.com & www.qualcomm.com/blog Nothing herein. ©2016 Qualcomm Incorporated andlor its subsidiaries. All Rights Reserved. countries. Other to “Qualcomm”: ‘Qualcomm Technologies, Inc., and/or ble ing business, QTL, idan Qualco