SEALSQ Offers Countries the Opportunity to Establish Their Own Semiconductor and IoT Personalization Centers

TORTOLA, British Virgin Islands, Nov. 15, 2023 (GLOBE NEWSWIRE) -- 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.