Based on your thread about secure elements in hardware wallets, Safepal also has one but you couldn't find the exact model. Have you managed to find any more information on it in the meantime? Maybe they are also using one of the ST3x models.
No I didn't, but they are not using ST3x models for sure.
There was some speculation from Kraken security team but nobody could identify secure element with 100% accuracy, it's probably some cheap chinses junk chip.
It may be just the hunger for money. They may have been seeing Ledger's crap news and thought "what a wonderful idea, let's do that ourselves and get rich from selling to the idiots monthly subscription on making the seed less secure".
I think it's more stupidity than hunger for money.
We can see the clear pattern here, closed source devices collecting bunch of money and than they need to repay that with stupid cloud services like this.
There is an argument that hardware wallet companies are not earning as much money as smartphone companies, so they wanted to do some kind of subscription model for regular income, so they want to be like Netflix
I'm pretty much soured on all HW wallets now.
Don't be.
I suggest listening to the latest talk between Andreas Antonopoulos and Jameson Lopp (I posted it in different topic), you will hear some good sugesstions.