Nordic Semiconductor ASA (0FF9.IL)

128.70 +3.42 (+2.73%) At close: 07:05PM BST

Nordic Semiconductor ASA

Otto Nielsens veg 12
Trondheim 7052
Norway
47 72 89 89 00
https://www.nordicsemi.com

Sector(s): Technology
Industry: Semiconductors
Full-time employees: 1,530

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Svenn-Tore Larsen	CEO & Pres	735k	119k	1959
Mr. Pal Elstad	CFO & Exec. VP of Fin.	417k	74k	1971
Mr. Svein-Egil Nielsen	CTO and Exec. VP of R&D	476k	88k	1969
Mr. Stale Ytterdal	Sr. VP of IR & Strategic Sales	297k	55k	N/A
Ms. Linda Pettersson	Sr. VP of Legal and Compliance & Sec. to the Board	331k	N/A	N/A
Ms. Katarina Finneng	Exec. VP of People & Communication	348k	63k	N/A
Mr. Geir Langeland	Exec. VP of Sales & Marketing	462k	77k	1970
Mr. Ole-Fredrik Morken	Exec. VP of Supply Chain	411k	62k	1970
Mr. Kjetil Holstad	Exec. VP of Product Management & Strategy	309k	44k	N/A
Mr. Ola Bostrom	Sr. VP of Quality & Sustainability	451k	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia/Pacific. The company offers bluetooth and multiprotocol Systems-on-Chip (SoCs) that provides short-range connectivity; and Systems-in-Package (SiPs), which offers connectivity on long-range LTE-M and NB-IoT cellular networks. It also provides nRF9160 SiP low power cellular IoT device, nRF Cloud solution, nRF Connect software development kit, and third-party cellular modules; DECT NR+, a non-cellular radio standard; nRF7002 Wi-Fi companion ICs; and nRF52840 and nRF5340 multiprotocol SoCs. In addition, the company offers Bluetooth mesh; Bluetooth direction finding solution; Bluetooth Low Energy SoCs; Bluetooth LE audio products; Matter, a Connected Home over IP solution; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; pre-certified development modules and modems; and range extenders. Further, it provides built-in power management on SoCs and dedicated power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, nPM6001 PMIC, nPM1100 EK, and Power Profiler Kit II; Device-to-nRF Cloud and Cloud-to-nRF Cloud solutions; and application specific integrated circuits and related consulting services. The company's products are used in various applications, such as automotive, beacon, computer peripherals, connected health, connected home, education, industrial automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.

Corporate governance

Nordic Semiconductor ASA’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.