History and Growth:
1. Founded in 1983: This makes them one of the pioneers in the wireless semiconductor industry.
2. Fabless Model: Nordic Semiconductor doesn't have its fabrication plants, focusing instead on design and development.
3. Global Reach: Headquartered in Trondheim, Norway, they have offices worldwide and sell their products in over 100 countries.
4. Rapid Growth: In the past 5 years, their annual revenue has more than doubled, reaching over $1 billion in 2022.
Nordic Semiconductor has a diverse range of clients across many industries, though some of the most prominent include:
Tech giants:
1. Apple
2. Samsung
3. Google
4. Amazon
5. Microsoft
Consumer Electronics:
1. Bose
2. Sony
3. Garmin
4. Jabra
5. Logitech
Healthcare:
1. Philips
2. Medtronic
3. Abbott Laboratories
4. BD
5. Johnson & Johnson
Industrial:
1. ABB
2. Siemens
3. Bosch
4. Honeywell
5. GE
Sports & Fitness:
1. Polar
2. Garmin
3. Fitbit
4. Suunto
5. Adidas
Other industries:
1. Automotive
2. Agriculture
3. Retail
4. Security
5. Smart Homes
Additionally, Nordic Semiconductor has partnerships with several leading design and solution partners, such as:
1. CA Engineering
2. Indesign
3. Sigma Connectivity
4. Shenzhen Minew Technologies Co. Ltd.
5. Meshtech
6. NORBIT
7. Telenor ASA
Nordic Semiconductor is a solid company serving an important segment in the tech industry. The stock had the largest buy volume in its history in November, signaling an interest in investors at the November lows as the general tech industry saw a rally in their stock prices.
We will be adding Nordic Semiconductor to our portfolio.
1. Founded in 1983: This makes them one of the pioneers in the wireless semiconductor industry.
2. Fabless Model: Nordic Semiconductor doesn't have its fabrication plants, focusing instead on design and development.
3. Global Reach: Headquartered in Trondheim, Norway, they have offices worldwide and sell their products in over 100 countries.
4. Rapid Growth: In the past 5 years, their annual revenue has more than doubled, reaching over $1 billion in 2022.
Nordic Semiconductor has a diverse range of clients across many industries, though some of the most prominent include:
Tech giants:
1. Apple
2. Samsung
3. Google
4. Amazon
5. Microsoft
Consumer Electronics:
1. Bose
2. Sony
3. Garmin
4. Jabra
5. Logitech
Healthcare:
1. Philips
2. Medtronic
3. Abbott Laboratories
4. BD
5. Johnson & Johnson
Industrial:
1. ABB
2. Siemens
3. Bosch
4. Honeywell
5. GE
Sports & Fitness:
1. Polar
2. Garmin
3. Fitbit
4. Suunto
5. Adidas
Other industries:
1. Automotive
2. Agriculture
3. Retail
4. Security
5. Smart Homes
Additionally, Nordic Semiconductor has partnerships with several leading design and solution partners, such as:
1. CA Engineering
2. Indesign
3. Sigma Connectivity
4. Shenzhen Minew Technologies Co. Ltd.
5. Meshtech
6. NORBIT
7. Telenor ASA
Nordic Semiconductor is a solid company serving an important segment in the tech industry. The stock had the largest buy volume in its history in November, signaling an interest in investors at the November lows as the general tech industry saw a rally in their stock prices.
We will be adding Nordic Semiconductor to our portfolio.