WISeKey Worldwide’s subsidiary SEALSQ and Kaynes SemiCon have entered right into a binding settlement to create a three way partnership (JV) dubbed SEALKAYNESQ, headquartered in India.
The brand new entity will deal with the event, personalisation, and deployment of a sovereign Indian post-quantum semiconductor platform designed to help India’s digital sovereignty and safety priorities.
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The Indian Ministry of Electronics and Data Know-how (MeitY) has been concerned in discussions associated to the formation of the enterprise.
The JV plans to open a safe semiconductor design, testing, and personalisation centre inside Kaynes SemiCon’s current manufacturing facility in Sanand, Gujarat.
This operation will embody an outsourced semiconductor check and personalisation (OSTP) website that includes superior wafer and last check companies compliant with Widespread Standards requirements.
The ability will embed post-quantum cryptography on the silicon degree and use safe public key infrastructure (PKI)-based lifecycle key administration.
SEALSQ will management 51% of the JV’s share capital, with Kaynes SemiCon holding 49%.
Governance shall be managed by a five-member board.
SEALSQ and its mother or father firm WISeKey will license their core mental property solely to SEALKAYNESQ for the Indian market. Any new mental property created by way of the partnership shall be owned by the JV itself.
The collaboration goals to help sectors thought-about vital for nationwide safety and knowledge sovereignty comparable to authorities, defence, finance, healthcare, vital infrastructure, and large-scale Web of Issues (IoT) deployments working beneath Indian rules.
One main focus is deploying SEALSQ’s Quantum Protect semiconductor structure domestically to boost India’s quantum-resilient digital infrastructure.
SEALSQ brings experience in safe {hardware} components, cryptographic processors, PKI lifecycle platforms, and post-quantum safe processors. These applied sciences are supposed to assist safeguard Indian-manufactured semiconductors in opposition to future quantum computing dangers.
The JV is predicted to learn from decreased customs duties on imported superior semiconductor gear by way of the Swiss–India Free Commerce Settlement beneath the European Free Commerce Affiliation framework.
This association is anticipated to enhance price effectivity and facilitate know-how switch between Switzerland and India.
SEALSQ CEO Carlos Moreira stated: “By combining SEALSQ’s post-quantum semiconductor and safety experience with Kaynes SemiCon’s quickly increasing manufacturing capabilities, the companions are constructing an Indian Publish-Quantum semiconductor platform designed to guard vital nationwide infrastructure for many years to come back.”
Kaynes SemiCon’s facility in Gujarat has beforehand produced India’s first packaged semiconductor chips.
The corporate operates beneath initiatives just like the India Semiconductor Mission and “Make in India”, which intention to strengthen home semiconductor manufacturing capabilities.
Kaynes SemiCon CEO Raghu Panicker stated: “The JV marks a defining second in India’s semiconductor journey, combining superior manufacturing, OSAT capabilities, and world-class post-quantum safety applied sciences to create a uniquely Indian, safe, and future-ready semiconductor ecosystem.”
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