SEALSQ Accelerates Momentum in Custom ASIC Development Across Multiple Countries
SEALSQ Corp (NASDAQ: LAES) announced progress in custom ASIC development projects across India, Spain, and Saudi Arabia. The company specializes in developing application-specific integrated circuits with embedded post-quantum cryptographic algorithms for various sectors including telecommunications, automotive, and healthcare. The global ASIC market is projected to grow from $24.6 billion in 2023 to $41.7 billion by 2030, with a 7.8% CAGR. SEALSQ's ASICs utilize MOS technology to deliver high-density performance and security features, positioning the company strategically in the semiconductor market amid growing US-China competition.
SEALSQ Corp (NASDAQ: LAES) ha annunciato progressi nello sviluppo di ASIC personalizzati in India, Spagna e Arabia Saudita. L'azienda si specializza nello sviluppo di circuiti integrati specifici per applicazioni con algoritmi crittografici post-quantum incorporati per vari settori tra cui telecomunicazioni, automotive e sanità. Si prevede che il mercato globale degli ASIC crescerà da 24,6 miliardi di dollari nel 2023 a 41,7 miliardi di dollari entro il 2030, con un CAGR del 7,8%. Gli ASIC di SEALSQ utilizzano tecnologia MOS per offrire prestazioni e funzionalità di sicurezza ad alta densità, posizionando strategicamente l'azienda nel mercato dei semiconduttori in mezzo alla crescente competizione tra Stati Uniti e Cina.
SEALSQ Corp (NASDAQ: LAES) anunció avances en proyectos de desarrollo de ASIC personalizados en India, España y Arabia Saudita. La empresa se especializa en el desarrollo de circuitos integrados específicos para aplicaciones con algoritmos criptográficos post-cuánticos integrados para varios sectores, incluyendo telecomunicaciones, automotriz y salud. Se proyecta que el mercado global de ASIC crecerá de 24.6 mil millones de dólares en 2023 a 41.7 mil millones de dólares para 2030, con una tasa de crecimiento anual compuesta (CAGR) del 7.8%. Los ASIC de SEALSQ utilizan tecnología MOS para ofrecer un rendimiento de alta densidad y características de seguridad, posicionando a la empresa estratégicamente en el mercado de semiconductores en medio de la creciente competencia entre EE. UU. y China.
SEALSQ Corp (NASDAQ: LAES)는 인도, 스페인 및 사우디 아라비아에서 맞춤형 ASIC 개발 프로젝트의 발전을 발표했습니다. 이 회사는 통신, 자동차 및 의료 분야를 포함하여 다양한 산업을 위한 포스트 양자 암호 알고리즘이 내장된 애플리케이션 특정 집적 회로를 개발하는 데 전문화되어 있습니다. 전 세계 ASIC 시장은 2023년 246억 달러에서 2030년까지 417억 달러로 성장할 것으로 예상되며, 연평균 성장률(CAGR)은 7.8%입니다. SEALSQ의 ASIC은 MOS 기술을 활용하여 높은 밀도의 성능과 보안 기능을 제공하여 미국과 중국 간의 증가하는 경쟁 속에서 반도체 시장에서 전략적으로 포지셔닝되고 있습니다.
SEALSQ Corp (NASDAQ: LAES) a annoncé des progrès dans le développement de ASIC personnalisés en Inde, en Espagne et en Arabie Saoudite. L'entreprise se spécialise dans le développement de circuits intégrés spécifiques aux applications avec des algorithmes cryptographiques post-quantiques intégrés pour divers secteurs, y compris les télécommunications, l'automobile et la santé. Le marché mondial des ASIC devrait passer de 24,6 milliards de dollars en 2023 à 41,7 milliards de dollars d'ici 2030, avec un taux de croissance annuel composé (CAGR) de 7,8 %. Les ASIC de SEALSQ utilisent la technologie MOS pour offrir des performances et des fonctionnalités de sécurité à haute densité, positionnant stratégiquement l'entreprise sur le marché des semi-conducteurs face à la concurrence croissante entre les États-Unis et la Chine.
SEALSQ Corp (NASDAQ: LAES) hat Fortschritte bei der Entwicklung von benutzerdefinierten ASICs in Indien, Spanien und Saudi-Arabien angekündigt. Das Unternehmen ist auf die Entwicklung anwendungsspezifischer integrierter Schaltkreise mit integrierten post-quanten-kryptografischen Algorithmen für verschiedene Sektoren, einschließlich Telekommunikation, Automobil- und Gesundheitswesen, spezialisiert. Der globale ASIC-Markt wird von 24,6 Milliarden US-Dollar im Jahr 2023 auf 41,7 Milliarden US-Dollar bis 2030 geschätzt, mit einer jährlichen Wachstumsrate (CAGR) von 7,8 %. Die ASICs von SEALSQ nutzen MOS-Technologie, um eine hochdichte Leistung und Sicherheitsmerkmale zu bieten, wodurch das Unternehmen strategisch im Halbleitermarkt im Zuge des wachsenden Wettbewerbs zwischen den USA und China positioniert wird.
- Global ASIC market projected to grow from $24.6B to $41.7B by 2030
- Geographic expansion into multiple countries (India, Spain, Saudi Arabia)
- Strategic positioning in high-growth sectors (telecommunications, automotive, healthcare)
- None.
Insights
The advancement into custom ASIC development across multiple countries represents a significant strategic pivot for SEALSQ. The company's focus on integrating post-quantum cryptographic algorithms into ASICs addresses a critical market gap in the semiconductor industry, particularly as quantum computing threats loom larger.
The targeted
The integration of hardware-based security features and post-quantum capabilities differentiates SEALSQ's offerings, potentially commanding premium pricing in security-sensitive applications like IoT and cloud computing. Yet, success will heavily depend on the company's ability to scale production and secure design wins against larger competitors.
Geneva, Switzerland, Nov. 12, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a leader in the development of post-quantum technology, announced today that it is advancing in custom application-specific integrated circuit (“ASIC”) projects in several countries (India, Spain, Saudi Arabia), targeting key markets and fueling significant growth in both revenue and market position. SEALSQ’s strategic focus on ASIC development reflects its dedication to securing its place in the rapidly evolving semiconductor market, marked by increasing demand for high-performance, application-specific solutions.
Expanding the ASIC Market: Demand for Customization and Performance Optimization
SEALSQ ASICs are tailored IC chips designed for specific applications, setting them apart from general-purpose chips. This approach enables SEALSQ to deliver products that achieve superior performance, efficiency, and cost-effectiveness compared to alternatives such as FPGAs and microcontrollers. The company’s ASICs have applications in several high-growth sectors, including telecommunications, automotive, consumer electronics, industrial automation, and healthcare.
The global ASIC market is poised for rapid growth, expected to expand from
Technological Edge: Post-Quantum Security in a Growing Geopolitical Landscape
At the core of SEALSQ's ASIC innovation is the integration of post-quantum cryptographic algorithms, positioning the company as a leader in cybersecurity for digital systems in a post-quantum world. With concerns around cybersecurity rising, SEALSQ has prioritized the development of ASICs with embedded hardware-based security features, such as encryption and authentication, addressing vulnerabilities in applications like IoT and cloud computing.
This approach also underscores SEALSQ’s commitment to innovation within the current geopolitical climate. With ongoing competition in semiconductor production between the U.S. and China, and Taiwan producing
The SEALSQ ASIC Advantage: Optimized for Application-Specific Excellence
Designed using metal–oxide–semiconductor (MOS) technology, SEALSQ’s ASICs deliver high density and performance, specifically engineered to excel in their designated applications. From low-power solutions for IoT sensors to robust chips for automotive ADAS and EV systems, SEALSQ’s custom ASICs are paving the way for a new era of secure, specialized hardware.
Future Outlook and Market Leadership
As SEALSQ continues to build momentum, the company is poised to become a market leader in custom ASIC development, leveraging its expertise in post-quantum technology and application-specific design to serve a growing roster of industry players. This expansion not only enhances SEALSQ’s revenue pipeline but also reinforces its standing as a critical player in the global technology landscape, especially as the demand for secure, high-performance semiconductor solutions escalates across industries and geopolitical boundaries.
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, Medical and Healthcare 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 Statements
This 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 anticipate 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 the expected success of our technology strategy and solutions for IoMT Security for Medical and Healthcare sectors, SEALSQ's ability to implement its growth strategies, 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.
Press and Investor Contacts
| SEALSQ Corp. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 info@sealsq.com | SEALSQ Investor Relations (US) The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / lcati@equityny.com Katie Murphy Tel: +212 836-9612 / kmurphy@equityny.com |
FAQ
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