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SEALSQ Unaffected by New Tariffs: Semiconductor Exemption Ensures Continuity, Bolstered by Company's Innovation, U.S. Development Roadmap, and Post-Quantum Compliance
LAESSEALSQ p(LAES) GlobeNewswire News Room·2025-04-04 12:15

Core Viewpoint - SEALSQ Corp's operations remain unaffected by the recent U.S. tariffs on imports, particularly due to the exemption for semiconductors, which supports the company's growth strategy in post-quantum technology [1][2][3]. Group 1: Tariff Impact and Business Operations - The U.S. administration's "Fair and Reciprocal Plan" imposes a 10% tariff on most imports, with higher rates on specific countries, but semiconductors are exempt, allowing SEALSQ to maintain its secure microchip business [2][3]. - SEALSQ's CEO emphasized that the tariff exemption ensures uninterrupted access to their technology for clients and partners [3]. Group 2: Post-Quantum Technology and Compliance - SEALSQ's post-quantum semiconductor technology aligns with NIST standards finalized in August 2024, which are crucial for safeguarding against quantum computing threats [3][4]. - The U.S. executive order from January 2025 mandates post-quantum cryptography for federal systems, positioning SEALSQ as a key partner in sectors like defense and healthcare [4]. Group 3: Future Growth and Strategic Initiatives - SEALSQ plans to invest in U.S.-centric growth, including opening a domestic Outsourced Semiconductor Personalization & Test center to enhance security and independence [5]. - The company aims to optimize its supply chain and leverage cutting-edge technology to provide secure semiconductor solutions, ensuring reliability for both U.S. and international customers [5]. Group 4: Company Overview and Product Offerings - SEALSQ is a leader in Post-Quantum Technology, integrating semiconductors and public key infrastructure to address security challenges posed by quantum computing [6][7]. - The company's products are designed to protect sensitive data across various applications, including healthcare, automotive, and defense, by embedding post-quantum cryptography [7].