Nordic Semiconductor research and development expenses dropped from 160.5 million to 155.5 million USD between 2022 to 2023. This followed a considerable raise from 97 million to 160 million from 2020 to 2022. Despite this, R&D intensity, measured as a percentage of revenue, increased from 21 percent to 29 percent in the same timeframe.
Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023
(in million U.S. dollars)
Nordic Semiconductor (Nordic or the Group) is a Norwegian company that operates globally. It is a leading provider of IC solutions for wireless connectivity and IoT.
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Nordic Semiconductor. (March 20, 2024). Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/
Nordic Semiconductor. "Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023 (in million U.S. dollars)." Chart. March 20, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/
Nordic Semiconductor. (2024). Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/
Nordic Semiconductor. "Research and Development (R&d) Expenses in Nordic Semiconductor from 2020 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/
Nordic Semiconductor, Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/ (last visited November 22, 2024)
Research and development (R&D) expenses in Nordic Semiconductor from 2020 to 2023 (in million U.S. dollars) [Graph], Nordic Semiconductor, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1463124/nordic-semiconductor-research-expenses/
