This paper presents a new predistortion linearization technique for high linearity and high modulation efficiency in millimeter-wave (mm-wave) CMOS power amplifiers (PA) for fifth-generation (5G) mobile communications. Our proposed linearizer adopts a transformer-based (i.e., inductive) self-compensated predistortion network at the input of the PA whose amplitude-modulation to phase-modulation (AM-PM) response is opposite compared with the AM-PM response of a CMOS PA, resulting in an AM-PM cancellation effect. This proposed inductive linearization method mitigates the large gain reduction problem in traditional capacitor-based linearization approaches while consuming no extra dc power or without introducing additional control circuitry. As a result, a significant improvement in power-efficiency and linearity is achieved with high-order complex modulation signals. To validate the proposed linearization method, a PA prototype in 65-nm CMOS technology was fabricated and tested, and it exhibited <1° of <inline-formula> <tex-math notation="LaTeX">\vert </tex-math></inline-formula>AM-PM<inline-formula> <tex-math notation="LaTeX">\vert </tex-math></inline-formula> distortion at <inline-formula> <tex-math notation="LaTeX">P_{\mathrm {o,1\, dB}} </tex-math></inline-formula> over 4 GHz of bandwidth (27-31 GHz). At 28 GHz, the measured saturated <inline-formula> <tex-math notation="LaTeX">P_{\mathrm {o}} </tex-math></inline-formula> and peak power-added-efficiency (PAE) was 15.6 dBm and 41%, respectively, while achieving a 6-dB <inline-formula> <tex-math notation="LaTeX">P_{\mathrm {o}} </tex-math></inline-formula> back-off PAE of 25%. To assess PA's large-signal performance for 5G communications, the prototype was measured with the 64-quadratic-amplitude modulation (QAM) signal at 2-Gb/s data rates at 28 and 30 GHz, and the PA achieves modulated-PAE of 18.2%/17.6% and average-<inline-formula> <tex-math notation="LaTeX">P_{\mathrm {o}} </tex-math></inline-formula> of 9.8 dBm/10 dBm, respectively, while maintaining <−30 dBc of adjacent-channel-power-ratio and <−25.5 dB of error-vector-magnitude. The achieved modulated-PAE at 28 and 30 GHz shows more than <inline-formula> <tex-math notation="LaTeX">2\times </tex-math></inline-formula> improvement in comparison with the recently reported 28-GHz linear CMOS PAs. Also, the PA occupies a compact active-area of 0.24 mm 2 .