Nordic Semiconductor

Earnings Release • Oct 16, 2014

Nordic Semiconductor ASA: Nordic Semiconductor ASA's Third Quarter 2014 Results.

Nordic Semiconductor ASA: Nordic Semiconductor ASA's Third Quarter 2014 Results.

Oslo, October 16, 2014: Nordic Semiconductor ASA

reported third quarter 2014 record revenues of MUSD

49 and EBIT of MUSD 9.8, compared to last quarter

with revenues of MUSD 41.4 and EBIT of MUSD 5.7

Revenues were at a record high for Nordic

Semiconductor this quarter. This is attributed to

higher sales volumes of Bluetooth Smart components.

Sales of Bluetooth Smart Technology rose to a 38% of

revenues in the quarter. Q-o-Q revenues from the

sales of Bluetooth Smart increased from MUSD 12.2 to

MUSD 18.4, representing a 51% increase. Our EBIT

result of MUSD 9.8 was very strong, claiming a second-

best in Nordic operations.

Before tax profits were MUSD 10.2 in the third

quarter, compared to MUSD 5.9 million in the previous

quarter.

Basic and diluted EPS from total operations was USD

0.043 in the third quarter, compared to USD 0.025 in

the previous quarter.

"Over the past year we have experienced a large

growth in the demand for our products, and especially

our ground breaking Bluetooth® Smart wireless

technology products. Important design wins within all

market segments makes us confident that we will be

able to triple our revenues from Bluetooth® Smart in

2014 compared to last year", says Svenn-Tore Larsen,

CEO of Nordic Semiconductor ASA.

For more information, please see the attached third

quarter 2014 report.

Quarterly Presentation

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

Felix Konferansesenter, Bryggetorget 3 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, with 200 million wireless components sold

last year. The company also serves as Chairman of the

Board of the Bluetooth SIG. Nordic Semiconductor

(NOD) is a public company listed on the Oslo stock

exchange in Norway.

For more information go to www.nordicsemi.no

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian Securities

Trading Act)