NewswireTODAY - /newswire/ -
Paris, Ile-de-France, France, 2017/03/13 - StarChip, a subsidiary of Safran Identity & Security, announced today the shipment of its 1 billionth secure microcontroller - StarChip-ic.com / Safran-Identity-Security.com. PAR: SAF | SAFRAN
StarChip has reached this important milestone less than four years after the successful release of its first secure SIM controller, positioning the company as a key player and competitive force for the supply of security chips.
StarChip offers highly secure hardware-based solutions and delivers root of trust products addressing a wide variety of markets, including smart card, secure IoT, mobile, consumer, health equipment and several industrial applications.
Founded in 2009 by three semi-conductor experts, StarChip has revolutionized the Smart Card market with a disruptive "Product Provider" business model focusing on the design and qualification of secure chips for mass production while licensing its solutions for direct purchase by customers from qualified foundries. This innovative business model, by reducing supply chain costs, helped achieve significant cost-savings creating value for both StarChip and its customers. The billionth unit milestone is a demonstration of how customers have widely validated and adopted StarChip business model.
Today, StarChip further consolidates its position in the Telecom market by deploying its 3rd generation of SIM Controllers with more optimized products (better code density, enhanced performance, low power consumption, cost-efficiency) serving some of the world largest card vendors. StarChip has also established itself in high security markets such as payment, digital identity, IoT with the release and certification of advanced secure chips aimed at securing financial transactions, providing state-of-the-art protection for identity credentials and bringing trust to these markets.
"Shipping 1 billion chips, in such a short period of time, is an amazing achievement for our company. This major milestone was made possible thanks to the hard work and dedication of our engineering, industrialization and sales teams. We are now internationally recognized as 1 of the top 5 smart card chip suppliers and we are well positioned to consolidate our leadership in the smart card market and seize new market opportunities."
Lucien Brau, Starchip CEO
Safran (safran-group.com) is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 70,000 employees and generated sales of 17.4 billion euros in 2015. Safran is listed on Euronext Paris and is part of the CAC40 index, as well as the Euro Stoxx 50 European index.
Safran Identity & Security (safran-identity-security.com) is a global leader in identity and security solutions, deploying systems in more than 100 countries. Backed by more than 40 years of experience in biometrics, the company develops innovative technologies for the public and private sectors, including identity management, secure transactions and public security solutions.
StarChip® (StarChip-ic.com), a subsidiary of Safran Identity & Security, delivers root of trust products to build digital connected solutions and services. Our Secure Elements are based on state-of-the-art, flash-based 32-bit architectures. They are designed to offer maximum integration, providing support for embedded, innovative security technologies, analog functionality, connectivity and control interfaces. The result is a flexible and secure set of solutions that can easily meet the requirements of a wide variety of markets, including smart card, secure IoT, mobile, consumer, and several industrial applications.
Press Contact: Isabelle de BUYER - Safran Identity & Security
P: +33(0)1 30 20 22 67 - E: isabelle.de-buyer[.]safrangroup.com.