Nordic Semiconductor ASA Overview
Pro stress-test →Nordic Semiconductor ASA is a fabless semiconductor company providing low power wireless connectivity solutions in Europe, the Americas, and the Asia Pacific. The company designs Bluetooth Low Energy chips for the wireless industry, with 90% of revenue from this technology, and its chips are used in all types of battery-powered devices such as wearables, smart home applications, asset trackers, and industrial and healthcare markets.
Strategic Profile
Pro stress-test →Nordic is the leader in Bluetooth Low Energy, a market with double-digit growth rates where Nordic enjoys 30%-40% market share. The company targets over 20% annual revenue growth through the decade, focusing on product innovation, software integration, and expanding both Short-range and Long-range IoT segments. Successful product launches include the nRF54L series and the nRF92 series, expanding market reach and capabilities.
Competitive Landscape
Pro stress-test →Nordic is the leader in Bluetooth Low Energy with 30%-40% market share in a double-digit growth market. Main competitors in wireless IoT semiconductors include Silicon Labs, Qualcomm, and Nordic Semiconductor's expanding adjacency competitors in Wi-Fi and cellular IoT.
Industry Context
Nordic Semiconductor ASA operates in Wireless Semiconductor & IoT Connectivity.
Key facts
Founded: 1983 · Headquarters: Trondheim, Norway · Revenue: $705M (LTM as of Q1 2026)