Prague-based bitcoin hardware company Trezor recently announced that it has taken control of its silicon chip supply chain.
The company produces its own packaging for chips, a key component, for its flagship product, the Trezor Model T. The new chip packaging “improves device safety and significantly reduces manufacturing time for mass production.”
Securing production of this critical component demonstrates Trezor’s ability to continue producing hardware wallets amid ongoing geopolitical pressure on the silicon chip supply chain.
Trezor’s CFO Štěpán Uherik commented:
“The sudden change in demand for hardware wallets and disruptions in the silicon supply chain that we’ve seen over the past few years is a pressing concern. By taking apart the process, identifying areas we can control, and working with our partners in new ways , we strive to make the manufacturing process as flexible as possible.
“Not only that, but it adds more design freedom for future products, helping us stay ahead of the increasingly competitive hardware wallet space.”
SatoshiLabs, the company behind the Trezor, also announced last year the development of an open-source chip for use in bitcoin hardware. The company recently detailed that initial testing of its first chip, TROPIC01, has been completed and testing is expected to continue in 2023.
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According to Bitcoin Magazine
