Companies

SEALSQ to Launch New OSAT Facility in the US by 2025, Considering Multiple States

Published February 7, 2024

SEALSQ Inc., a global semiconductor company, has announced plans to establish a new Outsourced Semiconductor Assembly and Test (OSAT) center in the United States. This initiative underscores the company's commitment to expand its manufacturing capabilities in response to the growing demand for semiconductor assembly and testing services. As the semiconductor industry experiences rapid growth, SEALSQ's investment in this facility will be a significant addition to its global network of manufacturing sites.

Potential States for the New OSAT Center

The company is in the process of evaluating several potential locations for this high-tech center, with Colorado, Arizona, and New York being top contenders. The strategic selection of these locations is influenced by a number of factors such as workforce availability, infrastructure, state incentives, and proximity to key customers and partners. SEALSQ's meticulous assessment aims to ensure that the chosen site will best align with the company's operational needs and sustainability goals.

Operational Timeline and Future Growth

SEALSQ anticipates that the new OSAT center will be operational by the end of 2025, aligning with the industry's trajectory for increased production capacities. This expansion is expected to not only bolster SEALSQ's service offerings but also contribute to local economies through job creation and technological advancements.

Investors interested in SEALSQ's market activities can follow the company stock under the ticker symbol LAES. The establishment of the new OSAT center is anticipated to have a positive impact on the company's growth and shareholder value.

SEALSQ, OSAT, Expansion