Leading Bitcoin Hardware Company Trezor Starts Producing Its Own Chip Wrapper

Feb 27, 2023

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Years Of Chip Shortage

The last few years have been hard on the entire world. The pandemic caused huge breaches in the lives of the workers, the companies and the supply chains. This all contributed to a global chip shortage that caused havoc in every industry. The electronic manufacturers were hit the worst by the shortage. Even if the supplies were coming in the manufacturers had to deal with the delays and the incredible price fluctuation of the chips.

Trezor Taking Control

The Prague-based Bitcoin hardware company decided to take control of the situation. It took over the chip production process in order which brough huge advancements into the life of the company. First of all having its own chip wrapper improved device security as Trezor could now overlook all steps of the production itself. Being in control of the production processes, Trezor managed to reduce lead times and completely eliminated the shipping delays. Moreover, this move ensured a more stable price for its cryptocurrency hardware wallets.

Expanding Production

After securing the chip wrapper supply necessary for its own production processes, the mother company behind Trezor decided to level up its game. SatoshiLabs embarked on a mission to develop an open-source chip for usage in Bitcoin hardware. The company’s other subsidiary, Tropic Square, came up with its own chip, the TROPIC01. According to a recent , the initial tests of the chip were positive. Tropic Square declared that based on these tests they will be able to continue developing the chip as planned. They added that more tests will be necessary before they can move on to the next development phase of the open-source chip. After the second phase Tropic Square will be able to start mass production.

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