Nordic Semiconductor is named 2016 ‘Most Respected Public Semiconductor Company’ by the Global Semiconductor Alliance
Nordic Semiconductor today announces that it has been voted the ‘Most Respected Public Semiconductor Company’ (achieving $100 to $500 million in annual sales) in 2016 by the members of the Global Semiconductor Alliance (GSA). The award was announced during an official 2016 GSA Awards ceremony hosted December 8, in the U.S. at Santa Clara, California.
The GSA says that the industry’s Most Respected Public Semiconductor Company Award is designed to identify public companies garnering the most respect from the industry in terms of its products, vision, and future opportunities. In addition, profitability and market capitalization, among other financial and product successes, are considered.
The GSA is a 400-member company-strong, non-profit international trade organization headquartered in the U.S. with offices in Asia and Europe, and its annual Awards include an on-line voting process that allows GSA members themselves, including semiconductor companies and partners, to cast a ballot for the public semiconductor company they most respect.
“A GSA Award is widely considered one of the most respected and prestigious awards a semiconductor company can win within the global semiconductor industry,” comments Nordic CEO, Svenn-Tore Larsen. “And being named the ‘Most Respected Public Semiconductor Company’ is probably the highest independent recognition of success Nordic Semiconductor has achieved as a company to date, and even surpasses Nordic being named 2015’s most ‘Outstanding EMEA [Europe, Middle East, and Africa] Semiconductor Company’ by the GSA last year.”
Over the past ten years, Nordic Semiconductor has transformed from a little-known supplier of sub-1GHz and 2.4GHz proprietary ultra-low power chips into the largest Bluetooth® low energy solutions provider in the world.
Today, in addition to its continued success in Bluetooth low energy, Nordic is on-track to become an Internet of Things (IoT) giant in just a few years from now. Further to its recruitment of a highly-talented group of cellular RF engineers [formerly employed by the Finnish arms of Nokia, Ericsson, Motorola, and Broadcom] in 2014, Nordic Semiconductor is developing a set of wireless chips for low power cellular Internet of Things (IoT) applications. These will combine low power consumption with the latest LTE machine-to-machine (LTE-M) and narrowband IoT (NB-IoT) cellular technologies to provide wireless connectivity for potentially billions of compact, low-maintenance, IoT sensors.
“There is a wireless revolution taking over the world called the Internet of Things and Nordic Semiconductor and its wireless technology is sitting right in the middle of it,” summarizes Larsen.