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WISeKey’s Semiconductor Revenue Surges Despite Shortages in Semiconductor Manufacturing

WISeKey International Holding AG - American Depositary Shares (WKEY) 
Company Research Source: GlobeNewswire
WISeKey’s Semiconductor Revenue Surges Despite Shortages in Semiconductor Manufacturing WISeKey’s IoT segment is expected to generate unaudited revenue of approximately $10 million in H1 2022, an increase of over 37% as compared to revenue of $7.2 million in H1 2021. For FY 2022, WISeKey expects its IoT business to generate revenue within the range of $21 to $23 million due to increased semiconductors demand and new contracts; has current purchase orders of $38.5 million and a pipeline of opportunities of $75 million. https://www.wisekey.com/solutions/iot-connected-devices/iot-security/ ZUG, Switzerland – June 22, 2022: Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or the “Company”), a leading cyber security, IoT, and AI platform company, today announced that its Semiconductors IoT segment is expected to generate unaudited revenue of approximately $10 million in H1 2022, an increas Show less Read more
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