Cyber Security firm, WISeKey International Holding Ltd, on Thursday said that its semiconductors & public key infrastructure (PKI) subsidiary company SEALSQ Corp, has entered Taiwan market by having a distribution agreement with Taiwanese semiconductor distributor, Holy Stone Enterprise co.
The cyber tech form, SEALSQ develops semi-conductor chips secure embedded firmware and hardware. It also works in research, development and innovation in quantum technology.
The distribution agreement is effectively immediately, this deal is between the manufacturer and distribute, in which distributer sells manufacturer’s products. This arrangement will help SEALSQ to expand its footprint in Taiwan using Holy Stone’s market and technical knowledge.
David Khalifa, VP of Global Sales for WISeKey said, “We are delighted to sign Holy Stone as our distributor in Taiwan. Working with Holy Stone will better position SEALSQ to bring our highly differentiated end-to-end security solutions to customers. Taiwan is a key market place for IoT ODM/OEM and we are well positioned to multiply our touch points in the country and capitalize on several new opportunities arising from the growing demand for our offerings.”
Justin Huang Vice President of Holy Stone said that, “We are excited to be working together with SEALSQ in offering complete security solutions, targeting particularly Smart City & Smart Home applications. This partnership enables us to bring the latest advancements in technology to our customers. We look forward to a successful collaboration with SEALSQ.”
