Silicon Craft Technology PCL
SET:SICT
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Silicon Craft Technology PCL
SET:SICT
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Silicon Craft Technology PCL
Silicon Craft Technology PCL designs and sells integrated circuits, especially RFID and NFC chips used to identify, track, and authenticate objects and people. Its products show up in smart cards, access cards, animal tags, asset tracking, logistics labels, and other connected-device applications. The company mainly serves equipment makers, system integrators, and product manufacturers that need small, reliable chips built into their own hardware. The company makes money by selling these chips to customers and by developing custom chip designs for specific uses. In practice, it sits in the middle of the electronics supply chain: it creates the chip design, works with manufacturing partners to produce it, and then sells the finished ICs to buyers who embed them into larger products. That makes the business more specialized than a typical electronics distributor, because its value comes from chip design know-how rather than from owning factories or selling finished consumer devices. Its role is tied to the broader shift toward automatic identification and contactless systems. Customers choose Silicon Craft for chips that help devices communicate securely and quickly at short range, which is useful in payments, access control, industrial tracking, and identification systems. This gives the company a focused business model built around a narrow but important part of the electronics value chain.
Silicon Craft Technology PCL designs and sells integrated circuits, especially RFID and NFC chips used to identify, track, and authenticate objects and people. Its products show up in smart cards, access cards, animal tags, asset tracking, logistics labels, and other connected-device applications. The company mainly serves equipment makers, system integrators, and product manufacturers that need small, reliable chips built into their own hardware.
The company makes money by selling these chips to customers and by developing custom chip designs for specific uses. In practice, it sits in the middle of the electronics supply chain: it creates the chip design, works with manufacturing partners to produce it, and then sells the finished ICs to buyers who embed them into larger products. That makes the business more specialized than a typical electronics distributor, because its value comes from chip design know-how rather than from owning factories or selling finished consumer devices.
Its role is tied to the broader shift toward automatic identification and contactless systems. Customers choose Silicon Craft for chips that help devices communicate securely and quickly at short range, which is useful in payments, access control, industrial tracking, and identification systems. This gives the company a focused business model built around a narrow but important part of the electronics value chain.