STMicroelectronics Launches ST54M, a Post-Quantum Secure Chip for Smartphones
The Franco-Italian group announced on Wednesday the launch of the ST54M, a secure chip featuring a hardware accelerator for post-quantum cryptography. This component is aimed at smartphone and mobile device manufacturers facing new security requirements in the quantum era.
A Hardware Accelerator to Anticipate Post-Quantum Standards
The ST54M integrates a single chip with an NFC controller, a secure element, and an eSIM, complemented by a hardware accelerator dedicated to post-quantum cryptography algorithms ML-KEM and ML-DSA. This architecture enables a gradual transition from hybrid cryptography to full post-quantum deployment. The product spans a wide range of applications: contactless payments, transport ticketing, access control, digital identity, driver's licenses, connectivity services, and digital car keys. The component is designed to protect against side-channel and fault injection attacks, while incorporating substantial memory capacity and an enhanced RF front-end to reduce antenna constraints and improve communication stability.
Certification and Availability Scheduled for July 2026
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Samples of the ST54M are currently available for customers. Production and certification to the Common Criteria EUCC 2022 and EMVCo standards are expected by July 2026. STMicroelectronics considers this timeline sufficient to allow manufacturers to deploy implementations ready for the post-quantum era before regulatory requirements become mandatory, projected around 2030.
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Context
Period
Period: T2 2026
Key reported figures
Revenue: 3 487 millions de dollars
Quarterly revenue: 3 487 millions de dollars
Revenue growth: 25,9 %
EBITDA margin: 7,7 %
Net income: 222 millions de dollars
Free cash flow: 75 millions de dollars
Guidance from the release
Nous anticipons une accélération de la croissance du chiffre d'affaires au quatrième trimestre, tirée principalement par les programmes engagés auprès de nos clients dans les domaines des data centers IA et de la communication par satellite LEO.
Risks mentioned
Le mix produit pourrait affecter la marge brute.
Les charges liées aux capacités non utilisées.
Des incertitudes sur les tendances industrielles.
Opportunities identified
Chiffre d’affaires supérieur à 4 milliards de dollars anticipé pour le quatrième trimestre.
Demande solide dans les data centers IA.
Amélioration de la visibilité et des signes de contraintes d’offre.
Outlook / guidance
Expected revenue: 3 700 millions de dollars
Management commentary: Point médian des perspectives pour le troisième trimestre 2026 : chiffre d'affaires net de 3,70 milliards de dollars et marge brute de 37,0 %.
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