Trezor Now Controls Its Silicon Chip Supply Chain
The Bitcoin hardware company has begun manufacturing its own chip wrapper for the Trezor Model T.Trezor, a Prague-based Bitcoin hardware company, has announced that it has taken control of its silicon chip supply chain.A...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The Bitcoin hardware company has begun manufacturing its own chip wrapper for the Trezor Model T.
Trezor, a Prague-based Bitcoin hardware company, has announced that it has taken control of its silicon chip supply chain.
According to a press release sent to Bitcoin Magazine, the company has achieved this by facilitating the manufacture of its own key component, the chip wrapper, for its flagship product, the Trezor Model T. The new chip wrapper “improves device security and significantly shortens lead times for mass production,” the release states.
With the silicon chip supply chain under constant geopolitical pressure, securing the manufacturing of this important component is a source of confidence in the ability for Trezor to continue producing its products.
Štěpán Uherik, CFO at Trezor, commented that “The twists and turns in demand for hardware wallets and the silicon supply chain disruption that we’ve seen over the past few years was a problem that we needed to solve. By unpacking the process, identifying areas where we could take control, and collaborating with our partners in new ways, we’ve managed to make the manufacturing as agile as it can be.”
He added that “It also adds more design freedom for future products, helping us to sustain our leadership in the increasingly competitive hardware wallet space.”
SatoshiLabs, the company behind Trezor, also announced last year the development of an open-source chip for usage in Bitcoin hardware. Just recently, the company detailed that the initial testing on the first chip, TROPIC01, had been completed, with expectations of continued testing throughout 2023.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Bitmine Nears 5% Ethereum Supply Threshold as Robinhood Chain Drives ETH-as-Money Narrative
Bitmine Immersion Technologies holds 4.8% of Ethereum supply. Tom Lee cites Robinhood Chain launch as catalyst for ETH adoption as...
Robinhood’s Chainlink CCIP Choice Adds Infrastructure Weight To Its Layer-2 Bet
Robinhood’s crypto strategy is becoming less about offering a few coins and more about owning infrastructure. Its decision to use...
Bitcoin falls below $63,000 as markets give Hormuz traffic just 3% chance to normalize by August
Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields u...
Bitmine Raises Ether Holdings to 5.77 Million, Reaches 4.8% of Ethereum Supply
Bitmine now holds 5.77 million ETH, equal to 4.8% of ether’s total supply, putting it 96% of the way to its 5% target. The company...
SBI Holdings Taps Solana to Build Japan’s Institutional On-Chain Finance Market
SBI Holdings has entered into a strategic partnership with the Solana Foundation to build an on-chain financial market for real-wo...
Tom Lee's BitMine ether holdings rise to 5.77 million tokens, or 4.8% of total supply
The company expanded its ETH treasury while Chairman Tom Lee pointed to Robinhood Chain's rapid growth on Ethereum.