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Nordic Semiconductor

#3899

Rank

$2.54B

Marketcap

NO Norway

Country

Nordic Semiconductor
Leadership team

Mr. Svenn-Tore Larsen (CEO & Pres)

Mr. Pal Elstad (CFO & Exec. VP of Fin.)

Mr. Svein-Egil Nielsen (CTO and Exec. VP of R&D & Strategy)

Products/ Services
Semiconductor
Number of Employees
1,000 - 20,000
Headquarters
Oslo, Oslo, Norway
Established
1983
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
NOD.OL
Social Media
Overview
Location
Summary
Nordic Semiconductor ASA, a fabless semiconductor company, designs, develops, markets, and sells integrated circuits and related solutions for short-and long-range wireless applications in Europe, the Americas, and the Asia/Pacific. It offers ultra-low power components; and develops low power cellular IoT. The company also provides Bluetooth 5 solutions; low power cellular devices for the IoT; and Bluetooth 5.1 solutions for direction finding applications. In addition, it offers Zigbee 3.0 IoT solutions; Thread solution for low-power devices; nRF9160 system-in-package; nRF52 and nRF51 series system-on-chips, as well as nRF591, nRF53, nRF52, and nRF51 series software development kits; ANT, a proprietary ultra-low power wireless solution for battery operated products; and application specific integrated circuits and related consulting services. Further, the company provides software for system development, communication stacks, and application layer software, as well as development tools for desktops. Its products are used in various applications, such as audio, automotive, beacon, computer peripherals, drug delivery, patient monitoring and alerts, smart home, healthcare, connected health and home, education, industrial automation, LED lighting, logistics/asset tracking, transportation, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, wireless PC peripherals, mobile phone accessories, and consumer electronics, as well as wearables, including connected watches, jewelry, proximity tags, and smart clothes and apparels. The company was founded in 1983 and is headquartered in Trondheim, Norway.
History

Nordic Semiconductor was initially founded as Nordic VLSI in Trondheim, Norway in 1983. The company was formed by four post-graduates from the Norwegian University of Science and Technology. Initially the company focused on the design of mixed-signal application-specific integrated circuits within the Nordic region. In 1996, the firm went public on the Norwegian stock exchange, where it still trades as of 2018.

In 1998, NVLSI released their first wireless standard products in the 433 MHz ISM band. In 2003 NVLSI was renamed Nordic Semiconductor, often known as Nordic Semi, to reflect the company's full focus on ultra low-power wireless devices. The same year saw the release of Nordic Semiconductor's first wireless devices at 2.4 GHz. Since 2003, Nordic Semiconductor has maintained a clear focus on wireless products for the 2.4 GHz band and has seen its devices used in a wide range of branded consumer electronic products. Nordic Semiconductor maintains an especially dominant position in the wireless sports and fitness and wireless desktop peripheral markets.

Nordic Semiconductor have products that support 2 main wireless technologies: short-range low-power wireless through Bluetooth LE, Thread, Zigbee, and proprietary 2.4 GHz protocols; and low power cellular IoT through LTE-M and NB-IoT.

2012 saw the release of third generation of ultra low power wireless products. This family of products is named the nRF51 series and they incorporate the ARM Cortex-M series microcontrollers at their core.

In 2015 Nordic Semiconductor introduced their newest 2.4 GHz ISM band SoC series, the nRF52 which incorporate the ARM Cortex-M4 as their core.

In January 2018, Nordic Semiconductor introduced and started sampling to selected lead customers their first LTE SoC, the nRF91 series. In November 2019, Nordic Semiconductor introduced and started sampling to selected lead customers their new flagship SoC containing dual-core ARM Cortex-M33 processors and a multi-protocol radio stack , the nRF53 series.

Mission
Nordic Semiconductor has a simple mission: to lead the way in providing a complete end-to-end solution for low power, short-range wireless communication for today’s connected world.
Vision
Our vision is to provide intelligent, energy-efficient products and solutions that will help accelerate the development of short-range wireless products.
Key Team

Mr. Stale Ytterdal (Sr. VP of IR)

Ms. Katarina Finneng (Exec. VP of People & Communication)

Mr. Geir Langeland (Exec. VP of Sales & Marketing)

Mr. Ole-Fredrik Morken (Exec. VP of Supply Chain)

Mr. Kjetil Holstad (Exec. VP of Product Management)

Ms. Linda Pettersson (Sr. VP of Legal and Compliance & Sec. to the Board)

Kine-Elena Reigstad (Fin. Mang.)

Recognition and Awards
Nordic Semiconductor has won numerous awards, including the 2008 CES Innovation Award, the 2011 SDA Top pick of the year award and 2013 Breakthroughs in Tech Award.
References

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Nordic Semiconductor
Leadership team

Mr. Svenn-Tore Larsen (CEO & Pres)

Mr. Pal Elstad (CFO & Exec. VP of Fin.)

Mr. Svein-Egil Nielsen (CTO and Exec. VP of R&D & Strategy)

Products/ Services
Semiconductor
Number of Employees
1,000 - 20,000
Headquarters
Oslo, Oslo, Norway
Established
1983
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
NOD.OL
Social Media