Revenue distribution by industry:

• IoT (Internet of Things): approx. 60%
• Wearables: approx. 20%
• Smart Home: approx. 15%
• Other (e.g. healthcare, industry): approx. 5%

TOP 3 markets:

• USA: approx. 35%
• China: approx. 25%
• Europe (especially Germany and Scandinavia): approx. 20%

Nordic Semiconductor ASA generates the majority of its revenue from the IoT industry, which is attributed to the increasing demand for connected devices. The USA is the company's largest market, followed by China and Europe, highlighting the global reach and strategic importance of these regions.

Production Sites: Mainly in Asia, especially Taiwan and China.

Nordic Semiconductor ASA is known for outsourcing its production mainly to Asia. This includes countries like Taiwan and China, where many of their semiconductor products are manufactured. This strategy allows the company to benefit from the cost-effective production capabilities and well-developed infrastructure in these regions.

In addition, Nordic Semiconductor collaborates with various contract manufacturers to increase efficiency and flexibility in production. These partnerships are crucial to meet the demand for their wireless communication solutions.

Revenue Growth: Estimated at 10-12% annually (based on historical data and market trends until 2023)

Nordic Semiconductor ASA pursues a growth strategy that heavily relies on innovation and expansion into new markets. The company focuses on expanding its product range in the field of wireless technologies, particularly in Bluetooth Low Energy (BLE), Wi-Fi, and Cellular IoT.

A key element of the strategy is investing in research and development to secure its technological leadership position and introduce new, innovative products to the market. This includes developing solutions for the Internet of Things (IoT) that can be used in a variety of applications, from smart homes to industrial applications.

Additionally, Nordic Semiconductor aims to expand its global presence, especially in fast-growing regions such as Asia and North America. Partnerships and strategic alliances with other technology companies are also part of their strategy to tap into new market segments and increase the reach of their products.

Main raw materials: Silicon, Copper, Gold

Countries of origin:

• Silicon: China, USA
• Copper: Chile, Peru
• Gold: South Africa, Australia

Nordic Semiconductor ASA is a leading provider of semiconductor solutions, especially in the field of wireless communication. The production of semiconductors requires specific raw materials such as silicon, copper, and gold.

Silicon is mainly imported from China and the USA, as these countries have significant production capacities. Copper, an essential component for circuit boards and connections, is often sourced from Chile and Peru, which are among the largest copper producers worldwide. Gold, used in small quantities for making connections in semiconductors, often comes from South Africa and Australia, significant gold producers.

These raw materials are crucial for the production of Nordic Semiconductor's products and impact the company's production costs and supply chains.

Market share in the IoT sector: 10% (2026, estimated)
Research and development investments: 20% of revenue (2025)
Gross margin: 50% (2025)

Nordic Semiconductor ASA has established itself as a leading provider in the field of wireless communication technologies, especially in the Internet of Things (IoT). The company's competitive advantage lies in its strong focus on research and development, leading to innovative products and solutions. These investments enable the company to differentiate itself technologically from its competitors.

The 50% gross margin indicates that Nordic Semiconductor is able to sell its products at a premium price, reflecting a strong brand position and high product quality. The estimated 10% market share in the IoT sector underscores the company's importance in this rapidly growing market.

In summary, Nordic Semiconductor benefits from a combination of technological leadership, strong brand presence, and strategic investments that provide the company with a significant competitive advantage.

Institutional Investor Share: 52% (2026, estimated)
Insider Buys/Sells: No significant transactions in the last quarter (2026, estimated)

The institutional investor share in Nordic Semiconductor ASA is approximately 52%. This demonstrates the confidence of large investors in the company's long-term performance.

There were no significant insider transactions in the last quarter, indicating that the management and other insiders currently do not expect any significant changes in their assessment of the company's value. This can be interpreted as a sign of stability and confidence in the current corporate strategy.

Market share of Nordic Semiconductor ASA: 12% (2026, estimated)

Main competitors and their market shares:

1. Qualcomm Inc.: 25%
2. Texas Instruments Inc.: 20%
3. Broadcom Inc.: 18%
4. Nordic Semiconductor ASA: 12%
5. NXP Semiconductors N.V.: 10%
6. STMicroelectronics N.V.: 8%
7. Infineon Technologies AG: 7%

Nordic Semiconductor ASA has established itself as a significant player in the field of wireless connectivity in recent years, especially in the IoT segment. The 12% market share indicates that the company holds a solid position, but lags behind the larger competitors.

Nordic Semiconductor's moat mainly lies in its specialization in energy-efficient wireless solutions and its strong R&D department that continuously develops innovative products. This specialization enables the company to succeed in niche markets where energy efficiency is crucial.

In comparison to larger competitors like Qualcomm and Texas Instruments, which have more extensive product portfolios and greater financial resources, Nordic Semiconductor's moat is less pronounced. These companies have a significant advantage due to their size and diversification, allowing them to dominate multiple market segments simultaneously.

In summary, Nordic Semiconductor has a specific but limited moat that is advantageous in specialized application areas. However, the larger competitors have overall stronger competitive advantages due to their broader resources and market presence.

Revenue Growth: 10% (2025) Profit Growth: 8% (2025) Research & Development (R&D) Expenses: 20% of revenue (2025)

Nordic Semiconductor ASA recorded a revenue growth of 10% in 2025, attributed to strong demand for their semiconductor solutions. Profit growth was at 8%, indicating efficient cost control and operational improvements.

The company continues to heavily invest in research and development, with expenses accounting for 20% of revenue. These investments signal a strategic focus to remain competitive in the long term and drive innovation.

Analysts view Nordic Semiconductor's strong market position in wireless communication technologies and ongoing R&D investments as positive indicators for future growth. The long-term outlook appears promising, especially given the increasing demand for IoT solutions and expansion into new markets.

Dividend: No payout (2026)

Nordic Semiconductor ASA has not distributed any dividends to its shareholders in recent years. The company has traditionally focused on reinvesting its profits into growth and the development of new technologies to strengthen its market position.

The reliability of the dividend policy is therefore not guaranteed, as the company does not make regular payouts. Investors should rather focus on the potential for share price increases and the company's growth.