Nordic Semiconductor

Earnings Release • Jul 12, 2018

Nordic Semiconductor ASA's Second Quarter 2018 Results

Nordic Semiconductor ASA's Second Quarter 2018 Results

Nordic Semiconductor ASA Reported Second Quarter 2018

revenues of MUSD 71.2 and EBIT of MUSD 5.7, compared to

revenues of MUSD 58.7 and EBIT of MUSD 4.8 in Q2 2017.

Bluetooth sales at MUSD 52.3, compared to MUSD 36.0. Net profit after tax was MUSD 4.3, compared to MUSD 3.9 in Q2 2017.

"With growth in revenue and gross margins, combined with a tight cost control, we showed strong earnings improvement over the previous Quarter. This coupled with a growing customer base, proves that we are on track for improved profitability in 2018." says Svenn-Tore Larsen, CEO of Nordic Semiconductor ASA.

For more information, please see the attached Second Quarter 2018 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.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:

Svenn-Tore Larsen, CEO

Nordic Semiconductor ASA

Phone: +47 982 85 476

Pål Elstad, CFO

Nordic Semiconductor ASA

Phone: +47 991 66 293

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 Low Energy 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)