Nordic Semiconductor

Earnings Release • Apr 19, 2016

Nordic Semiconductor ASA's First Quarter 2016 Results

Nordic Semiconductor ASA's First Quarter 2016 Results

Nordic Semiconductor ASA Reported First Quarter 2016

revenues of MUSD 40.1 and EBIT of MUSD -0.3, compared

to revenues of MUSD 40.0 and EBIT of MUSD 4.4 in Q1

Bluetooth Smart sales at MUSD 18.2 (45.4% of Q1 2016

Revenues), compared to MUSD 17.9 (44.7% of Q1 2014

Revenues). Before tax profits were MUSD -1.0, compared

to MUSD 5.5 in Q1 2015.

Basic EPS from total operations was USD -0.006

compared to USD 0.020 in Q1 2015.

"Nordic's investments in future revenue growth

materializes as customer's demand generated almost

MUSD 1 in revenue from nRF 52 series in the first

quarter of shipments. In addition, the 2nd RF test

chip from our Finland Operations was sent to

production. "says Svenn-Tore Larsen, CEO of Nordic

Semiconductor ASA.

For more information, please see the attached First

Quarter 2016 report.

Quarterly Presentation

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

Semiconductor will give a presentation together with

the CFO. 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.no. 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

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.no