WISeKey’s FY 2022 Semiconductor Revenue Continues to Surge; 2023 to be a Truly Transformative Year with Revenues Expected to Grow by Over 40% as compared to FY 2022
WISeKeys FY 2022 Semiconductor Revenue Continues to Surge; 2023 to be a Truly Transformative Year with Revenues Expected to Grow by Over 40% as compared to FY 2022
- WISeKeys FY 2022 Semiconductor Revenue Continues to Surge; 2023 to be a Truly Transformative Year with Revenues Expected to Grow by Over 40% as compared to FY 2022
WISeKeysIoTsegmentis expected togenerate FY 2022 revenue ofapproximately $22.7 million,an increaseof over 34% as compared to FY 2021 revenue of $16.9 million. - For FY 2023, WISeKeys semiconductor division secured contracts support a revenue increase of over 40%, as compared to FY 2022, while pipeline of opportunities amounts to $100 million.
- The expected increase in FY 2022 revenue is mainly linked to the U.S. and EU markets with some wins in Japan and Taiwan.
- The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people.