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Nordic Semiconductor ASA (OSL:NOD) Construction In Progress : kr0 Mil (As of Mar. 2024)


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What is Nordic Semiconductor ASA Construction In Progress?


Nordic Semiconductor ASA Construction In Progress Historical Data

The historical data trend for Nordic Semiconductor ASA's Construction In Progress can be seen below:

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Nordic Semiconductor ASA Construction In Progress Chart

Nordic Semiconductor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
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Nordic Semiconductor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Nordic Semiconductor ASA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Nordic Semiconductor ASA (OSL:NOD) Business Description

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Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

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