Nordic Semiconductor ASA · OSL:NOD

Nordic Semiconductor ASA — Technical Presentation (August 2018)

104 slides from Nordic Semiconductor ASA's technical presentation, Aug 23, 2018

Slide 1: Cellular IoT Analyst Briefing
Cellular IoT Analyst Briefing Oulu, August 23, 2018
Slide 2: Agenda
© NORDIC SEMICONDUCTOR Agenda  Introduction  Nordic Semiconductor OY and cellular IoT development  Tour of Facilities  Cellular made easy – cellular for everything else  Cellular IoT primer  Nordic cellular IoT offering  Demos  Certifications  Customer Sampling 2
Slide 3: Unique position in fast growing IoT markets
© NORDIC SEMICONDUCTOR Unique position in fast growing IoT markets ← Lower ASP Higher ASP → Diversification > 100% Low power cellular IoT Consumer (LTE-M and NB-IoT) ~ 100 million units Industrial 40% Market entry H2 2018 Bluetooth® Low Energy Enterprise CAGR 2017 - 2020 (Including multi-protocol 30
Slide 4: Full year 2017 operating model
© NORDIC SEMICONDUCTOR Full year 2017 operating model 2017 2016 Revenue growth +19% +2% (+17pp) Bluetooth +40% and y-o-y (MUSD 236) (MUSD 198) Proprietary -6% (+0.2pp) Gross margin recovery from 46,2% Gross margin 47.2% 47.0% in Q3 2016, closing in on 50% target (+0.2pp) Investment for continued gro
Slide 5: Cellular IoT Investments
© NORDIC SEMICONDUCTOR Cellular IoT Investments 8  Invested more than 7 MUSD 62 in cash cost 6 since project start 5  From 2018 project is MUSD 4 in commercialization 3 phase reducing the 2 net reported opex 1  Investments continue to 0 grow, but reiterate target to be profitable based on Cash co
Slide 6: Proud and excited with our achievement
© NORDIC SEMICONDUCTOR Proud and excited with our achievement Time to market Solution Less than 3 years from Built the most advanced start to sampling cellular IoT product customers 6
Slide 7: Highly successful short-range business
© NORDIC SEMICONDUCTOR Highly successful short-range business 18 40%  Short-range EBITDA 16 35% 14 in the period MUSD 160 30% 12 25% – funding entire LTE 10 investment MUSD 20% 8 6 15%  In the period, average 10% 4 adjusted EBITDA 2 5% margin of 21% 0 0%  Synergies between EBITDA incl. cellular I
Slide 8: Business aspiration for cellular IoT
© NORDIC SEMICONDUCTOR Business aspiration for cellular IoT  Secure design wins Short-term  Production ready and certified solution (~2018)  Help and drive customer production ramp Mid-term  Surpass break even on a running basis; cellular IoT gross profits > cellular Opex on a running 12-months
Slide 9: Nordic Semiconductor OY and cellular IoT development
Nordic Semiconductor OY and cellular IoT development Svein-Egil Nielsen & Juha Heikkilä
Slide 10: Fall of 2014 large technology layoffs in Finland
© NORDIC SEMICONDUCTOR Fall of 2014 large technology layoffs in Finland 10
Slide 11: Travelled to Oulu to investigate and recruit opportunities
© NORDIC SEMICONDUCTOR Travelled to Oulu to investigate and recruit opportunities 11
Slide 12: Ended up building a large R&D organization in Finland
© NORDIC SEMICONDUCTOR Ended up building a large R&D organization in Finland Three Offices: Employees in Finland  Oulu Oulu 154  Turku 132 114  Espoo 65 Turku Espoo 2015 start 2015 2016 2017 12
Slide 13: Nordic Semiconductor Finland
© NORDIC SEMICONDUCTOR Head of Project SW Digital BB HR RF Finland Management Finance Analog Vesa Pekka Admin Juha Heikki Pellikka Kotila Olli Närhi Heikkilä Päivike Sonja Kusmin Radio Systems Yrjö Kaipainen Nordic Semiconductor Finland 13
Slide 14: Highly skilled organization
© NORDIC SEMICONDUCTOR Highly skilled organization R&D Finland rapidly built up : Optimized for cellular low power and low cost IoT Finland Head solutions develoment Staff Functions Investments in addition to personnel:  Design and Verification Flow (HW + SW) Radio  Pre-silicon Verification Platfo
Slide 15: Relevant experience
© NORDIC SEMICONDUCTOR R&D Finland Experience Relevant experience in Years Radio Systems personell with Nokia-Renesas-Broadcom, 31% 27% Ericsson background 19%  Design experience from very first cellular systems up 15% to high category LTE modems 1% 6% Power management, RF and Digital IC and SOC de
Slide 16: Finland provides excellent opportunities for technology R&D
© NORDIC SEMICONDUCTOR Finland provides excellent opportunities for technology R&D Finland’s existing world class cellular engineering competences  Background from Nokia, Ericsson, Renesas, Broadcom chipset development  Strong cellular chipset development ecosystem in Oulu (MediaTek, Altair, Nokia
Slide 17: Significant scale and resource sharing across Nordic organization
© NORDIC SEMICONDUCTOR Significant scale and resource sharing across Nordic Semiconductor organization Scaling on existing Cross functional teams Common technology infrastructure and supply partners  Technology Platforms  Development teams involved  Existing suppliers such as; TSMC, from across o
Slide 18: World class laboratory setup
© NORDIC SEMICONDUCTOR World class laboratory setup  Pre-silicon modelling environments (IC emulation and FPGA) in place  RF and Power measurement capability with high level of automatization  Automated protocol testing capability  RF Shielded champers  Infrastructur vendor basestations  Certi
Slide 19: Interoperability
© NORDIC SEMICONDUCTOR That’s not all….we must lead on connectivity Must have excellent radio performance and solid interoperability with carriers world- wide • Develop and own the connectivity technology as a key differentiator for success; RF, Baseband, Protocol stacks • Have global Multi-Band sup
Slide 20: Development target: disrupt the cellular IoT space
© NORDIC SEMICONDUCTOR The development target was to make a product to disrupt the cellular IOT space Achieve best in class power consumption for a cellular device targeted at IOT application  Leverages Nordic Semiconductor’s knowhow in low power from Bluetooth and proprietary 2.4GHz devices Build
Slide 21: Using cross functional teams to develop
© NORDIC SEMICONDUCTOR Using cross functional teams to develop Analog SoC Prod Common Periphery Test development Power and with Bluetooth Clock Team products Chip Physical SDK and Cloud Design Application Application FWTeam Digital Teams Test team Digital Base (IOT, IODT, Band Team RF Front End Oper
Slide 22: Tour of Facilities
Tour of Facilities
Slide 23: Cellular made easy – Cellular for everything else
Cellular made easy – Cellular for everything else Thomas Embla Bonnerud
Slide 24: Our unique approach to low power cellular IoT
© NORDIC SEMICONDUCTOR Our unique approach to low power cellular IoT By leveraging synergies with our existing and fast growing low power short-range IoT business;  Deliver a highly integrated solution for connectivity and application  Provide a superior ease of use and developer experience Cellul
Slide 25: Complementary connectivity technologies
© NORDIC SEMICONDUCTOR Complementary connectivity technologies Low power short-range IoT Low power cellular IoT (Bluetooth, Thread, Zigbee, (LTE-M and NB-IoT) 802.15.4 and Proprietary RF) (+) Local area connectivity; smart phones etc. (+) Public network (+) Lowest power and smallest size (+) Coverag
Slide 26: Similar markets – overlap and synergistic
© NORDIC SEMICONDUCTOR Similar markets – overlap and synergistic Combining Mixing IoT Emerging and fast growing Market overlap and synergies Broad and diversified customer base In terms of customer base and applications Across a broad range of applications Combining and mixing short-range and cellul
Slide 27: Different connectivity – similar application
© NORDIC SEMICONDUCTOR Different connectivity – similar application Low power short-range Different connectivity for different needs connectivity Cloud connectivity via short-range or directly with cellular Short range connectivity for home network Similar application level requirements Embedded pro
Slide 28: Highly integrated solution
© NORDIC SEMICONDUCTOR Highly integrated solution Cutting edge cellular connectivity Developed by Nordic`s cellular team in Finland Low power contribution from Norway Common application platform Application Across Nordic`s short-range and cellular products (Application MCU, memory, Developed in Norw
Slide 29: Development tools
© NORDIC SEMICONDUCTOR Ease of use and developer experience Customer code The two pillars Nordics ease of use Complete solution – hardware and software Application software framework Great development tools (SDK) Development tools Leveraging a common platform Protocol stack Protocol stack Applicatio
Slide 30: Broad market engagement model
© NORDIC SEMICONDUCTOR Broad market engagement model Instrumental part of leadership in short-range Sales, marketing and support organization Developer community and distribution network Leverage our organization for cellular IoT Unique market reach in terms of cellular IoT Drive innovation and adop
Slide 31: Highly synergistic combination for Nordic
© NORDIC SEMICONDUCTOR Highly synergistic combination for Nordic Low power short-range and cellular IoT Supply chain Developing highly and quality integrated solutions Accelerate growth Scale for our investments Ease of use and Broad market engagement Developer experience model and reach Improve pro
Slide 32: Cellular IoT to fuel our 5th growth cycle
© NORDIC SEMICONDUCTOR Cellular IoT to fuel our 5´th growth cycle Revenue 2000 – 2017 (MUSD) 4th 5th Technologies: 3rd Technologies: Bluetooth Low power short range IoT - Bluetooth, Thread, Zigbee, 15.4, 2nd Technologies: Bluetooth Markets: and Proprietary RF Technologies: Consumer Low power cellula
Slide 33: Cellular IoT Technical Primer
Cellular IoT Technical Primer Peder Rand
Slide 35: LPWAN technology landscape
© NORDIC SEMICONDUCTOR LPWAN technology landscape Not low power Cellular Cellular 2G LTE Cat 1+, 3G NB-IoT LTE-M Low power Sub 1GHz ISM band LPWANs Low Power Cellular IoT Maximum < 1 bps 100’ kbps > 1 Mbps throughput 35
Slide 36: LTE-M/NB-IoT vs. ISM-band LPWAN
© NORDIC SEMICONDUCTOR LTE-M/NB-IoT vs. ISM-band LPWAN Cellular IoT (cIoT) in Licensed band gives the-european-868-mhz-ism-band- sigfox(aabbf908-c222-4a0c-aba7- http://vbn.aau.dk/da/publications /interference-measurements-in- predictable Quality of Service (QoS ) with-focus-on-lora-and- 69cc4ac43f60
Slide 37: New low power LTE technologies
© NORDIC SEMICONDUCTOR New low power LTE technologies Also known as “eMTC”, “LTE Cat-M1” “LTE Cat-NB1” Max throughput ~ 375kbps ~ 30/60kbps Range Up to 4X Up to 7X Mobility Yes No Roaming Yes Not yet Deployment density High Module size Suitable for wearables Power consumption Up to 15 years of batte
Slide 38: LTE bandwidth
© NORDIC SEMICONDUCTOR LTE bandwidth How is the LTE BW achieved in your phone?  Dynamic modulation QPSK, 16QAM, 64QAM  Changes depending on distance to base station  Can be different for uplink (UL) and downlink (DL)  OFDM - Multiple carriers, up to 1200… 15 KHz apart…  MIMO – multiple TX and R
Slide 39: Managing range
© NORDIC SEMICONDUCTOR Managing range QPSK, high Pout QPSK, high Pout QPSK 16QAM Range Eext. mode B Range Ext. mode A High Pout Low Pout eNB decides output power, modulation and range extension mode for a connection During a connection (RRC connected mode) decisions are made based on measurement rep
Slide 42: The Cellular IoT Device
The Cellular IoT Device
Slide 43: Hardware Application Circuit
© NORDIC SEMICONDUCTOR Hardware Application Circuit 50 Ω BAT PWR Sensor BLE SIM 43
Slide 44: Data exchange
© NORDIC SEMICONDUCTOR Data exchange Your Application Here! MQTT/Coap/HTTP API TLS/DTLS TCP/UDP IPv4 IPv6 L3 L2 L1 PHY 44
Slide 45: Application Level Protocols
© NORDIC SEMICONDUCTOR Application Level Protocols ASCII-based machine-to-machine (M2M)/"Internet of Things" connectivity protocol Publish/Subscribe model TCP and TLS Constrained Application Protocol REST model – GET, PUT, POST and DELETE 4-byte binary header UDP and DTLS 45
Slide 46: Getting Connected
Getting Connected Getting your device on the network
Slide 47: Getting connected
© NORDIC SEMICONDUCTOR Getting connected HSS Home Subscriber Server MIB MME Mobility management entity Attach request scheduler Authentication Serving gateway MIB scheduler 47
Slide 49: Security
© NORDIC SEMICONDUCTOR Security Cellular Core SIM Card Authentication and Encryption Cloud Authentication and Encryption Network 49
Slide 50: Data to the cloud (indirectly)
© NORDIC SEMICONDUCTOR Data to the cloud (indirectly) Cellular Core SIM Card Authentication and Encryption SCEF Token and Encryption Network 50
Slide 51: Flexibility and upgrades
© NORDIC SEMICONDUCTOR Flexibility and upgrades Fix Update 10 years battery life is the goal, but…. algorithms bugs  When will you find a bug?  When will you find a security vulnerability?  When would you like to upgrade performance or features? FOTA  How long will your FW stay fresh and competi
Slide 52: Embedded Development
Embedded Development
Slide 53: Challenges of IoT Embedded Development
© NORDIC SEMICONDUCTOR Challenges of IoT Embedded Development #1 The target device does not have a screen or keyboard #2 Restricted data and program memory #3 Limited energy source 53
Slide 55: Edge Computing
© NORDIC SEMICONDUCTOR Edge Computing #1 Radio transfers cost energy and subscription fee #2 Send information – not data #3 When something interesting happens – then send data 55
Slide 56: The cost of sending data
© NORDIC SEMICONDUCTOR The cost of sending data Sending data: ~150 mA Processing data: ~3 mA 3 ms 3 ms 56
Slide 57: What is a SIM card
© NORDIC SEMICONDUCTOR What is a SIM card  A secure microcontroller with hardware encryption/decryption capabilities  It securely stores the subscriber identity and its associated keys who are used to;  Identify and authenticate subscribers on cellular networks  Generate the encryption key for t
Slide 58: Motivation for having SIM cards
© NORDIC SEMICONDUCTOR Motivation for having SIM cards Functional features  Subscriber identity – allocate cost of use to the right subscriber  Encryption key exchange between base station and user device  Separation between user-configurable modem software and the operator controlled SIM  Metho
Slide 59: M2M eUICC
© NORDIC SEMICONDUCTOR M2M eUICC  Often referred to as eSIM  Can be implemented in pluggable or solderable hardware  Implements interoperable GSMA specification for remote profile switching and loading  Has one bootstrap profile that allows initial connection  Connects to a server (SM-SR) throu
Slide 60: Expanding the cellular IoT
© NORDIC SEMICONDUCTOR Expanding the cellular IoT  Edge nodes on coin-cell batteries  Gateway on larger lithium cells  Use ultra-low power protocols like  Central/coordinator for local  Bluetooth Low Energy network  ZigBee  Use LTE-M for cloud-connectivity  Thread 60
Slide 61: Summary
© NORDIC SEMICONDUCTOR Summary 1 Cellular IoT will give ubiquitous and low power cloud access to things LTE-M for mobile devices with medium data requirements 2 NB-IoT for stationary devices with low data requirements 3 Send Information, not data – except when something interesting happens SnowBot i
Slide 62: Nordic cellular IoT Offering
Nordic cellular IoT Offering Peder Rand
Slide 63: The nRF91 Advantage in cIoT
© NORDIC SEMICONDUCTOR The nRF91 Advantage in cIoT Low Power Ease of Use Integration Build everything from Enable self-service Integrate and use scratch for low power for thousands of advanced packaging Integrate memories customers and techniques to reduce and use low-leakage hundreds of solution si
Slide 64: Simplified customer engagement model
© NORDIC SEMICONDUCTOR Simplified customer engagement model Traditional model Nordic model Chipset Module → → Customer Nordic → Customer supplier supplier  Module supplier does value add  Nordic is one-stop shop for integration and solutions Cellular IoT  Module supplier often handle sales,  Bui
Slide 65: Low power cellular connectivity made easy
© NORDIC SEMICONDUCTOR Low power cellular connectivity made easy RF Front-End Complete modem in a package ANT Multimode LTE-M / NB-IoT SIM /eSIM Transceiver All the benefits of a traditional module Ease of integration and use Baseband Teleregulatory, standard and carrier certifications Modem Power M
Slide 66: System level solution for IoT security
© NORDIC SEMICONDUCTOR System level solution for IoT security Secure connectivity ANT Cellular network, end-to-end internet protocol security SIM Modem is a separate secure island /eSIM Modem Secure application Arm® TrustZone® for ARMv8 and CryptoCell® technology Root of trust and trusted execution
Slide 67: Advanced System-in-Package assembly
© NORDIC SEMICONDUCTOR Advanced System-in-Package assembly 10 mm Qorvo × Nordic Semiconductor Strategic partnership for SiP development and manufacturing Built-in global RF Front-End and shield Qorvo custom RF Front-End and MicroShield™ technology 16 mm Ultra-compact form factor 10 x 16 x 1 mm 1 mm
Slide 68: New industry benchmark on solution size
© NORDIC SEMICONDUCTOR New industry benchmark on solution size Up to 3x smaller footprint Up to 2x thinner Up 5x less volume 70
Slide 69: Built-in Assisted GPS for positioning
© NORDIC SEMICONDUCTOR Built-in Assisted GPS for positioning Support for cellular based positioning ANT Modem support for Enhanced Cell ID and OTDOA SIM /eSIM Modem ANT GPS Built-in GPS receiver Optimized for asset tracking ARM Cortex-M33 I/O processor Power Management Assisted GPS for fast-time-to-
Slide 70: Power Consumption
© NORDIC SEMICONDUCTOR Power Consumption ~ 15 uA ~ 0.5 mA ~ 150 mA Connected with 10 minutes Sending tracking information Downloading new firmware @ downlink latency (eDRX) every 20s (DRX) 360 kbps (RRC Connected) More than 15 years battery life More than 6 months battery life A 512 KB image updated
Slide 71: Highly integrated single chip SoC
© NORDIC SEMICONDUCTOR Highly integrated single chip SoC RF Front-End ANT Transceiver SIM Flash / Modem baseband RAM I/O Flash / Cortex-M33 RAM nRF91 SoC Peripherals and Power Regulator I/O Management Battery nRF91 SiP nRF91 SoC 73
Slide 72: The nRF91 SoC
© NORDIC SEMICONDUCTOR The nRF91 SoC Designed for low power Uses integrated memories and low-leakage process features extensively Common power management and clock system for modem and application Tight integration Efficient, on-chip data and control transfer between application and modem Multiple S
Slide 73: Modem Architecture
© NORDIC SEMICONDUCTOR Modem Architecture SAW-less Transceiver Low power architecture Hybrid modem Hybrid modem and general purpose stack processing for low UICC IF GPS power Modem baseband Flash / controller RAM No memory loading Modem runs from embedded flash/RAM for fast startup times Flash / and
Slide 74: Application Processor for Edge Computing
© NORDIC SEMICONDUCTOR Application Processor for Edge Computing Transceiver Evolved Flash / Modem baseband RAM Cutting-edge M-class, low power application processor with trusted execution support Cortex-M33 CPU w/TrustZone Powerful Peripherals DMA PPI Draws from the nRF52 pool of low-power periphera
Slide 75: Our Software
© NORDIC SEMICONDUCTOR Our Software Application Processor Full application development SDK User Application Application Layer Protocol (CoAP, MQTT, HTTP, LWM2M) nRF Connect for Cloud application works IPv4/IPv6 Stack out-of-the-box TCP/IP, TLS/DTLS LTE L2/L3 Stack Comprehensive sample applications M
Slide 76: Integrating the nRF91 SiP
© NORDIC SEMICONDUCTOR Integrating the nRF91 SiP • 10 mm x 16 mm LGA, 0.5 mm pitch • Simple 4-layer PCB • 32 GPIO + coexistence interface + trace/debug • Single-ended 50Ω RF • Integrated crystals and passives • Single 3.1 V – 5.5 V supply • Industrial -40˚C to +85˚C temperature range 78
Slide 77: Mix and match with Bluetooth
© NORDIC SEMICONDUCTOR Mix and match with Bluetooth RF Front-End ANT Chipset approach SIM nRF91 Application NWP Automatic coexistence interface Processor I/O ANT COEX nRF52 Software drivers and sample nRF91 Modem Router/Central application in the SDK Battery nRF91 SiP Cellular Bluetooth/15.4 79
Slide 78: Easy to use development kit
© NORDIC SEMICONDUCTOR Easy to use development kit ARM debug and trace on-board Wide band antenna for world-wide operation Supports Arduino Uno Shields Bluetooth on-board 80
Slide 79: Unique value proposal with nRF91 SiP
© NORDIC SEMICONDUCTOR Unique value proposal with nRF91 SiP Size and power Value add integration Solution completeness consumption and features and ease-of-use  Industries smallest and lowest  Application processor and  Software and development power solution Assisted GPS tools; including cloud 
Slide 80: Demo time
Demo time
Slide 81: Demos
© NORDIC SEMICONDUCTOR Demos  Demoing nRF91 production silicon  Using internal development boards for demo  Showing  CAT-M1 data transfer live network  NB-IOT data transfer live network  GPS 83
Slide 82: Certifications
Certifications Svein-Egil Nielsen
Slide 83: Nordic's nRF91 needs a number of certifications
© NORDIC SEMICONDUCTOR Nordic’s nRF91 needs a number of certifications Requirements and processes  Overview of what certifications are needed for nRF91  How we develop the product to ensure certifications success  Certification process  Progress Certification is a permission to sell a product, i
Slide 84: nRF9160 Certification Overview
© NORDIC SEMICONDUCTOR nRF9160 Certification Overview Type approval and country specific GFC certification (Global Carrier approvals certifications (Regional regulatory) Certification Forum)/PTCRB  Main regulatory certifications: CE  GCF/PTCRB Certification  Certain operators require their (Europ
Slide 85: Certification and interoperability drives development (I)
© NORDIC SEMICONDUCTOR Certification and interoperability drives development from the start (I) EX: RF design Specification limits  From the start of design, design targets (parameter limits) are driven by the need for great interoperability and to pass certification  We typically have much strict
Slide 86: Certification and interoperability drives development (II)
© NORDIC SEMICONDUCTOR Certification and interoperability drives development from the start (II) EX: Software design nRF91 GCF status  We continuously test software toward specification and 300 GCF test cases certification requirements to 250 ensure maturity and prevent regression 200 nRF91 pass ra
Slide 87: Current certification process with final silicon
© NORDIC SEMICONDUCTOR Current certification process with final silicon 89
Slide 88: Certification progress and targets
© NORDIC SEMICONDUCTOR Certification progress and targets Collaboration with main infrastructure vendors  Interoperability testing (lab and field testing) have been ongoing both in inhouse basestations and in infrastructure vendors labs Regulatory certifications (e.g. CE, FCC)  Pre-certification t
Slide 89: Customer Sampling
Customer Sampling Peder Rand
Slide 90: Cellular IoT Applications
© NORDIC SEMICONDUCTOR Cellular IoT Applications Diverse Markets & Application Skal det være animasjon? Location Condition Asset tracking Product as a service Sub-units Healthcare The patient Predictive should Maintenance not be the network Un-teather from the operator Wearables phone Smart Home Spo
Slide 91: The power of early sampling
© NORDIC SEMICONDUCTOR The power of early sampling Nordic Initial Production Specification Final Samples Develoment Samples Material Customer Proof-of Evaluation Prototyping Development Qualification Production Concept Development 93
Slide 92: Case Study – Asset Tracking
© NORDIC SEMICONDUCTOR Case Study – Asset Tracking Cellular Core Position, condition Network 94
Slide 93: The Challenges
© NORDIC SEMICONDUCTOR The Challenges  Will it know where it is?  Efficient GPS antenna solution  Indoor positioning?  Will it be able to communicate with my cloud service?  Cellular subscription coverage for the relevant area  Range, range, range  Will the battery life be sufficient?  Match
Slide 94: The Challenges
© NORDIC SEMICONDUCTOR The Challenges  Should it be capable of tracking smaller items around it?  Use BLE or other simple protocols  Will it be cheap enough to manufacture and use?  COB, cellular subscription, cloud solution  Will it be manageable?  Firmware upgrades, comissioning, decomission
Slide 95: The Evaluation of LTE-M and NB-IoT
© NORDIC SEMICONDUCTOR The Evaluation of LTE-M and NB-IoT  Can our challenges most efficiently be solved with LTE-M or NB-IoT for long-range communication?  How do the different suppliers stack up against each other?  Power Consumption  Application development support  Size  Production capacit
Slide 96: The HW product
© NORDIC SEMICONDUCTOR The HW product  Development kit – reference design LTE/GPS BAT PWR Accel BLE SIM 98
Slide 97: The SW product
© NORDIC SEMICONDUCTOR The SW product Asset Asset Tracking Device monitoring Management Coap LWM2M API DTLS UDP IPv4 IPv6 L3 Connectivity SIM Management L2 L1 PHY 99
Slide 98: Support and Community
© NORDIC SEMICONDUCTOR Support and Community Chip, firmware, SDK, module all developed and supported by Nordic! Nordic DevZone Nordic self-service Engineer-to-Engineer software on Nordic & Technical Support web and GitHub 100
Slide 99: Production
© NORDIC SEMICONDUCTOR Production  Qorvo and Nordic already manufacture high-volume, quality products in billions  A world-wide distribution network for fulfilment  Quality systems in place to quickly resolve challenges 101
Slide 100: Customer Sampling: Status and plans
Customer Sampling Status and plans
Slide 101: First NB-IoT customers sampled
© NORDIC SEMICONDUCTOR First NB-IoT customers sampled Working on EU Networks Addressing primarily static installations Combines with LTE-M for efficient Firmware Over The Air (FOTA) 103
Slide 102: nRF91 lead customer sampling program
© NORDIC SEMICONDUCTOR nRF91 lead customer sampling program Target to sample more than 100 by end of Q3 Sampled total of 75 customers Diversified set of customers Demand for first production quantities end-2018 First design win secured European customers in asset tracking - FAST Diversified set of c
Slide 103: Cellular IoT Analyst Briefing
Cellular IoT Analyst Briefing Oulu, August 23, 2018
Slide 104: Disclaimer
© NORDIC SEMICONDUCTOR Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents

Nordic Semiconductor — Technical Presentation (August 2018) on 6ix

Nordic Semiconductor ASA — Technical Presentation (August 2018)

Slide 1: Cellular IoT Analyst Briefing

Slide 2: Agenda

Slide 3: Unique position in fast growing IoT markets

Slide 4: Full year 2017 operating model

Slide 5: Cellular IoT Investments

Slide 6: Proud and excited with our achievement

Slide 7: Highly successful short-range business

Slide 8: Business aspiration for cellular IoT

Slide 9: Nordic Semiconductor OY and cellular IoT development

Slide 10: Fall of 2014 large technology layoffs in Finland

Slide 11: Travelled to Oulu to investigate and recruit opportunities

Slide 12: Ended up building a large R&D organization in Finland

Slide 13: Nordic Semiconductor Finland

Slide 14: Highly skilled organization

Slide 15: Relevant experience

Slide 16: Finland provides excellent opportunities for technology R&D

Slide 17: Significant scale and resource sharing across Nordic organization

Slide 18: World class laboratory setup

Slide 19: Interoperability

Slide 20: Development target: disrupt the cellular IoT space

Slide 21: Using cross functional teams to develop

Slide 22: Tour of Facilities

Slide 23: Cellular made easy – Cellular for everything else

Slide 24: Our unique approach to low power cellular IoT

Slide 25: Complementary connectivity technologies

Slide 26: Similar markets – overlap and synergistic

Slide 27: Different connectivity – similar application

Slide 28: Highly integrated solution

Slide 29: Development tools

Slide 30: Broad market engagement model

Slide 31: Highly synergistic combination for Nordic

Slide 32: Cellular IoT to fuel our 5th growth cycle

Slide 33: Cellular IoT Technical Primer

Slide 34: Removing the $1000 IoT gateway

Slide 35: LPWAN technology landscape

Slide 36: LTE-M/NB-IoT vs. ISM-band LPWAN

Slide 37: New low power LTE technologies

Slide 38: LTE bandwidth

Slide 39: Managing range

Slide 40: Cellular IoT deployments

Slide 41: Cellular IoT deployments

Slide 42: The Cellular IoT Device

Slide 43: Hardware Application Circuit

Slide 44: Data exchange

Slide 45: Application Level Protocols

Slide 46: Getting Connected

Slide 47: Getting connected

Slide 48: Data to the cloud

Slide 49: Security

Slide 50: Data to the cloud (indirectly)

Slide 51: Flexibility and upgrades

Slide 52: Embedded Development

Slide 53: Challenges of IoT Embedded Development

Slide 54: Embedded Development

Slide 55: Edge Computing

Slide 56: The cost of sending data

Slide 57: What is a SIM card

Slide 58: Motivation for having SIM cards

Slide 59: M2M eUICC

Slide 60: Expanding the cellular IoT

Slide 61: Summary

Slide 62: Nordic cellular IoT Offering

Slide 63: The nRF91 Advantage in cIoT

Slide 64: Simplified customer engagement model

Slide 65: Low power cellular connectivity made easy

Slide 66: System level solution for IoT security

Slide 67: Advanced System-in-Package assembly

Slide 68: New industry benchmark on solution size

Slide 69: Built-in Assisted GPS for positioning

Slide 70: Power Consumption

Slide 71: Highly integrated single chip SoC

Slide 72: The nRF91 SoC

Slide 73: Modem Architecture

Slide 74: Application Processor for Edge Computing

Slide 75: Our Software

Slide 76: Integrating the nRF91 SiP

Slide 77: Mix and match with Bluetooth

Slide 78: Easy to use development kit

Slide 79: Unique value proposal with nRF91 SiP