Q4 2020 Nordic Semiconductor ASA Earnings Call Transcript
Welcome to Nordic Semiconductor's quarterly presentation for Q4 2020.
It's been a great year for 2020 for Nordic. We are accelerating our growth, and we see strong demand across all end user markets. The revenue totaled to $127.1 million last quarter, which is a good quarter for Nordic. It's actually the best quarter we ever had. It's a growth of 52.9% year-on-year and up 6.5% from last quarter. Our margin ended at 52.7%, up 1.1% year-on-year.
Our Bluetooth revenue accounted for $97.6 million, is a growth close to 50%; while proprietary revenue ended at 25.3%, is a growth above 55%. Our cellular revenue showed $2.4 million (sic) [$2.7 million].
And the gross margin of 52.7% really underlines the fact that our high-margin, high-complexity System-on-Chip really contributed to this growth, and I'll come back to why and how it's contributing.
Our order backlog is at new and even higher level. We exited Q3 with $288 million in backlog. We exited Q4 with $492 million, close to $0.5 billion in backlog. It's
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