Nordic Semiconductor

Earnings Release • Apr 24, 2017

Nordic Semiconductor ASA's First Quarter 2017 Results

Nordic Semiconductor ASA's First Quarter 2017 Results

Nordic Semiconductor ASA Reported First Quarter 2017

revenues of MUSD 47.3 and EBIT of MUSD -0.1, compared to

revenues of MUSD 40.1 and EBIT of MUSD -0.3 in Q1 2016.

Bluetooth sales at MUSD 24.3 (51.4% of Q1 2017 Revenues),

compared to MUSD 18.2 (45.4% of Q1 2016 Revenues). Before

tax profits was MUSD -0.2, compared to

MUSD -1.0 in Q1 2016.

"A strong Bluetooth product line and design wins over the

past years resulted in a solid Q1" says Svenn-Tore Larsen,

CEO of Nordic Semiconductor ASA.

For more information, please see the attached First Quarter

2017 report.

Quarterly Presentation

On the release day, Svenn-Tore Larsen, CEO of Nordic

Semiconductor will give a presentation together with the CFO

and the Director of Strategy and IR. The presentation will

take place at 08:00 a.m. CET at Thon Hotel Vika Atrium

Munkedamsveien 45, 0250 Oslo, Norway.

There will be a live webcast from the presentation which can

be accessed from: www.nordicsemi.com The presentation will

be held in English. A recorded version of the presentation

will also be available after the broadcast has concluded.

For further information, please contact:

Pål Elstad, CFO

Nordic Semiconductor ASA

Phone: +47 991 66 293

Email: pal.elstad@nordicsemi.no

Thomas Embla Bonnerud, Director of Strategy and IR

Nordic Semiconductor ASA

Phone: +47 951 00 257

Email: thomas.embla.bonnerud@nordicsemi.no

About Nordic Semiconductor

Nordic Semiconductor has been a pioneer in the field of

ultra-low power wireless solutions since 2002, and was one

of the founding members of the Nokia

initiative which created the Bluetooth Smart standard.

Today, Nordic Semiconductor is by far the market leader

within the ultra-low power wireless segment.

Nordic Semiconductor (NOD) is a public company listed on the

Oslo stock exchange in Norway.

For more information go to www.nordicsemi.com

This information is subject of the disclosure requirements

acc. to §5-12 vphl (Norwegian Securities Trading Act)