In a significant development for the semiconductor industry, SEALSQ Corp, based in Geneva, Switzerland, has confirmed that its operations remain unaffected by the newly imposed tariffs by the U.S. government. The company's strategic focus on semiconductors, public key infrastructure (PKI), and post-quantum technology has allowed it to benefit from the current exemption on semiconductor tariffs, ensuring seamless business operations.
The U.S. administration's "Fair and Reciprocal Plan," which takes effect on April 5, 2025, introduces a 10% tariff on most imports, with even higher rates for specific countries. However, semiconductors have been granted an exemption, which protects SEALSQ's secure microchips that are integral to various sectors such as the Internet of Things (IoT), automotive, and healthcare industries.
Carlos Moreira, CEO of SEALSQ, highlighted the significance of this exemption, stating, "The exemption on semiconductor tariffs allows us to maintain smooth operations. Our clients and partners can continue to depend on uninterrupted access to our technology under the current policy."
Leadership in Post-Quantum Cryptography
SEALSQ is at the forefront of innovation, particularly in the realm of post-quantum semiconductor technology, which aligns with the standards set by the National Institute of Standards and Technology (NIST) finalized in August 2024. This technology is essential for safeguarding critical systems against the potential threats posed by quantum computing and is now a legal compliance requirement following a U.S. executive order issued in January 2025.
The executive order, titled "Strengthening and Promoting Innovation in the Nation’s Cybersecurity," mandates the adoption of post-quantum cryptography for federal systems, with a complete transition deadline set for 2035. SEALSQ's technology already complies with these standards, positioning the company as a vital partner for industries such as defense and healthcare.
Future Growth and U.S. Expansion
Looking to the future, SEALSQ is planning to invest in U.S.-centric growth by establishing a domestic Outsourced Semiconductor Personalization & Test center. This new facility will bolster the company's independence and commitment to security, ensuring that its post-quantum chips align with national priorities.
Mr. Moreira further commented, "By localizing personalization in the U.S., we strengthen our independence and security commitment. This move ensures our post-quantum chips meet national priorities, providing trust and efficiency to our clients."
With a strong supply chain and state-of-the-art technology, SEALSQ is well-equipped to deliver secure semiconductor solutions as global trade dynamics continue to evolve. The company remains a dependable partner for both its international and U.S. customers.
About SEALSQ
SEALSQ is a leader in Post-Quantum Technology hardware and software solutions, integrating Semiconductors, PKI, and Provisioning Services. The company's focus on Quantum Resistant Cryptography addresses the security challenges posed by quantum computing, ensuring robust protection for sensitive data across various applications.
SEALSQ's products are designed to protect critical systems, enhancing resilience and security across diverse industries. For more information on their Post-Quantum Semiconductors and security solutions, visit their website.