SEALSQ Offers Countries the Opportunity to Establish Their Own Semiconductor and IoT Personalization Centers
16 November 2023 - 1:08AM
SEALSQ Corp (Nasdaq: LAES) (“SEALSQ” or “Company”), a company that
focuses on developing and selling Semiconductors, PKI and
Post-Quantum technology hardware and software products, today
announced that it is revolutionizing the semiconductor landscape by
offering countries the opportunity to develop their own
Semiconductor Personalization Centers through Public-Private
Partnerships (PPP). This groundbreaking initiative aims to mitigate
global dependency on semiconductor manufacturing and fortify
microchip deployment capabilities.
In a world where the semiconductor market size
is projected to reach USD 726.73 billion by 2027, growing at a CAGR
of 4.7% from 2020 to 2027 (according to a Fortune Business Insights
report), the importance of self-sufficiency in semiconductor
production cannot be overstated. SEALSQ's initiative is timely, and
it is addressing the urgent need for countries to secure their
supply chains amid a persistent global shortage of
semiconductors.
Carlos Moreira, CEO of SEALSQ, emphasizes the
strategic significance: "In today's tech-driven world, control over
semiconductor supply is not just an economic advantage, it's a
national security imperative. Our initiative empowers countries to
establish local semiconductor personalization centers, ensuring
uninterrupted access to these critical components."
SEALSQ’s comprehensive solution spans secure
elements, cryptographic keys, and hardware security modules. The
initiative is not just about technology transfer; it includes
complete hardware and software provisioning, training, and
continuous support. This holistic approach is set to bolster
industries like automotive, aerospace, and healthcare, where secure
and reliable microchips are indispensable.
Beyond bolstering supply chain security, the
establishment of these centers is a potent economic catalyst.
Localized production and customization of microchips will generate
jobs and invigorate economies, fostering technological innovation
and industry growth within participating countries.
SEALSQ’s recent foray into providing Security
Services and Semiconductors to IoT device manufacturers adopting
Matter Protocol further highlights the interconnectedness of
semiconductor technology and IoT. The Matter Protocol, a leading
standard for smart home devices developed by the Connectivity
Standards Alliance (CSA), is set to surge the demand for
semiconductors. Smart home devices, increasingly embedded in our
daily lives, rely on a spectrum of semiconductor components, from
microcontrollers to wireless communication chips.
The burgeoning smart home market, expected to
expand at a staggering 29.3% CAGR from 2020 to 2027 (Allied Market
Research), underscores the escalating demand for semiconductors.
This growth trajectory is fueled by the rising adoption of smart
devices, energy-efficient solutions, and enhanced home security
systems.
In the IoT era, personalization and technology
convergence are redefining customer engagement. IoT's potential to
transform everyday interactions into meaningful brand experiences
is unprecedented. From smart refrigeration systems to automated
home maintenance, IoT devices are reshaping how consumers interact
with technology, paving the way for an era of hyper-personalized,
intuitive experiences.
In conclusion, SEALSQ's initiative in
semiconductor personalization and its commitment to IoT integration
represent a significant stride towards technological self-reliance
and economic advancement for participating countries. This venture
not only addresses the current semiconductor shortage but also sets
the stage for a future where technology and personalization
converge to redefine the global technological landscape.
About SEALSQ:SEALSQ focuses on
selling integrated solutions based on Semiconductors, PKI and
Provisioning services, while developing Post-Quantum technology
hardware and software products. Our solutions can be used in a
variety of applications, from Multi-Factor Authentication tokens,
Smart Energy, Smart Home Appliances, and IT Network Infrastructure,
to Automotive, Industrial Automation and Control Systems.
Post-Quantum Cryptography (PQC) refers to
cryptographic methods that are secure against an attack by a
quantum computer. As quantum computers become more powerful, they
may be able to break many of the cryptographic methods that are
currently used to protect sensitive information, such as RSA and
Elliptic Curve Cryptography (ECC). PQC aims to develop new
cryptographic methods that are secure against quantum attacks.For
more information, please visit www.sealsq.com.
Forward-Looking StatementsThis
communication expressly or implicitly contains certain
forward-looking statements concerning SEALSQ Corp and its
businesses. Forward-looking statements include statements regarding
our business strategy, financial performance, results of
operations, market data, events or developments that we expect or
anticipates will occur in the future, as well as any other
statements which are not historical facts. Although we believe that
the expectations reflected in such forward-looking statements are
reasonable, no assurance can be given that such expectations will
prove to have been correct. These statements involve known and
unknown risks and are based upon a number of assumptions and
estimates which are inherently subject to significant uncertainties
and contingencies, many of which are beyond our control. Actual
results may differ materially from those expressed or implied by
such forward-looking statements. Important factors that, in our
view, could cause actual results to differ materially from those
discussed in the forward-looking statements include SEALSQ's
ability to implement its growth strategies; SEALSQ’s ability to
generate revenue from emerging new semiconductors; SEALSQ’s ability
to generate revenue from Matter certification and the new cyber
trust mark standards; the successful introduction of the WISeSat
picosatellite constellation; SEALSQ's ability to continue
beneficial transactions with material parties, including a limited
number of significant customers; market demand and semiconductor
industry conditions; and the risks discussed in SEALSQ's filings
with the SEC. Risks and uncertainties are further described in
reports filed by SEALSQ with the SEC.
SEALSQ Corp is providing this communication as
of this date and does not undertake to update any forward-looking
statements contained herein as a result of new information, future
events or otherwise.
SEALSQ Corp.Carlos
MoreiraChairman & CEOTel: +41 22 594 3000info@sealsq.com |
SEALSQ Investor Relations (US)The
Equity Group Inc.Lena CatiTel: +1 212 836-9611 /
lcati@equityny.comKatie MurphyTel: +212 836-9612 /
kmurphy@equityny.com |
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